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Message: Is this short selling or covering

No problem...I'll post the shortdata.ca numbers first because they come out a day or two earlier, then stockwatch's....although last time there was quite a discreptency, like 400K worth.  

I think we're seeing both short selling and short covering right now....selling to drive the PPS down and then covering what shakes loose from the nervous.  I don't know if the short numbers that are put out, I don't know if they include the delivery failures as well....I think its conceivable that the 1 million odd shares that are short, that's the number of share that have been borrowed...and perhaps there are even more on top of that, shares that were sold "naked" by short players who didn't locate or deliver.  

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