trailing order to short so when the bounce ends you kind of get stopped in i added 'to open', because most people only use these to get out of a position, maybe that was confusing. In option trading most people use the terms 'to open' or 'to close'. i remember that i used to have to remember adding when i phoned orders in in the early ninteties, if i forgot i would get an annoyed response by the broker.
http://www.denverpost.com/breakingn...arges-doctor-botched-robo-surgeries-at-porter shorted isrg here at 510.57
Interactive brokers doesn't have anymore unxl to lend me anyhow daal, you are good at research. a certain high profile money manager employs someone just to watch the rates and the short supply of brokers. he believes that when the rates are high and supply is low, a short squeeze is coming. i talked to an old broker and he said to used to play the following game in the80's, recall all the shares lended and create a pop.
I have a rule, never short a stock everybody wants to short unless you have a VERY good reason. I broke the rule and lost money. I deserved that
I agree that there are games that are played around high short interest stocks. The HFTs do it daily by widening the spreads (disagreement is so strong between bulls and bears that they just figured it out that they get hit anyway) An interesting daytrading strategy is to simply buy a high short interest stock at the open when there is very good news. Figuring out what is very good news is a bit more complicated but it is something that can be learned overtime
Daal, Here is another Brazil idea: OGX Petroleo e Gas Participacoes SA http://www.bloomberg.com/quote/OGXP3:BZ http://finance.yahoo.com/q?s=OGXP3.SA&ql=1 The very negative: "Batistaâs OGX Plunges to Record on Oil Well Shutdowns: Rio Mover" April 17 (Bloomberg) -- OGX Petroleo e Gas Participacoes SA stocks and bonds slumped to record lows after Brazilian billionaire Eike Batistaâs oil company shut two of the three wells at its only producing field. OGXâs 8.5 percent bonds due in 2018 dropped 12.77 cents to 57.19 cents on the dollar at 1:30 p.m. in Sao Paulo, sending yields to a record 23 percent. Shares sank 5.7 percent to 1.32 reais, after falling as much 13 percent to a record 1.22 reais. However the risk for shorting it is that: http://www.foxbusiness.com/news/201...ptions-shrink-amid-output-financial-troubles/ n October 2012, Mr. Batista granted OGX the right to demand the subscription of new OGX shares at a price of 6.30 Brazilian reais ($3.15), almost five times the current share price after the latest production figures sent shares sinking to a fresh all-time low of BRL1.22 Wednesday.