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Sean HymanSean Hyman
Keymaster
Post count: 4541

I just saw a report of the stocks that institutions are the most short. Well, guess what stock was among the top ones shorted by institutions? IBM. So, that’s probably one reason why it popped so hard, to the upside for us because once it started snapping back, it likely scared some of those shorts into covering some of their position, thus boosting the stock higher/faster.

(There are $2.7 billion short IBM.)

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