we shall see. the short update is out in a day or 2 and it is still my belief they covered, especially now since Dundee is in the mix. maybe the short position was a bargaining chip.
from my earlier post:
Short History |
 |
 |
 |
Symbol |
Report Date |
Volume |
Change |
 |
 |
|
SGR - V |
2009-04-30 |
1,328,400 |
453,800 |
 |
 |
 |
|
SGR - V |
2009-04-15 |
874,600 |
-150,900 |
 |
 |
The 453,800 most recent shorts were covered by PI and the 874,600 were covered by Dundee as evidence by the net trading between May 1 and May 8. It's not exact, but it's pretty close and it's real unlike some of the other unsubstantiated rumours turning up.
Here are all the house positions for : SGR from 5/1/2009 to 5/8/2009.
|
 |
House Positions |
 |
 |
Exch |
House |
Bought |
$Value |
Ave |
|
Sold |
$Value |
Ave |
|
Net |
$Net |
 |
|
27 Dundee |
4,508,100 |
9,286,429 |
2.06 |
|
3,630,800 |
7,493,156 |
2.06 |
|
877,300 |
-1,793,273 |
 |
 |
|
59 PI |
453,400 |
922,090 |
2.03 |
|
0 |
|
|
|
453,400 |
-922,090 |