Posted by on March 7, 2017 3:36 pm
Tags: , , , , , , , , , , , ,
Categories: Business Economic history of the Dutch Republic Economy Finance Financial history of the Dutch Republic Financial Regulation money s3 Short Short Interest Short selling Snap Snap Inc.

As we warned earlier, the shorts have been unleashed in Snap (as T+3 settlement enables ‘borrow’). Snap is down 12% today and down 30% from Friday’s highs as S3 Partners says short-interest in the ‘camera’ company has reached $100 million

  • BROKERS LENDING SNAP SHARES TO SHORT SELLERS AT RATES BETWEEN 20 AND 40 PCT – S3 PARTNERS
  • SNAP SHORT INTEREST APPROACHING $100 MLN – S3 PARTNERS

And the result..

Next stop $17?

Leave a Reply

Your email address will not be published. Required fields are marked *