Re: The Prisoners' Dilemma...Ming
I don't know how things operate in the Far East but in this part of the world the "shorties" are not idiots.
If I had a nickel for all the times I have heard about the short interest and how those connected with those shares were going to experience impending pain, I would be very wealthy today.
Short interest by itself is meaningless. I don't need to lecture you regarding the numerous ways shorting can be used as a hedge or the ways short shares can be hedged.
The one thing I do know is that the shorts almost invariably win.
But then again...maybe this time is different.
Hope you get a good fortune cookie.