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  • REITs: Current Yields Make Up for Possible Risk [View article]
    Short interest in Chimera is up, up, & up ! Was this a result of your column?! (lol) Any ideas on the cause of this jump in shorts?

    FACTBOX-Biggest changes in NYSE short interest
    1:26 pm ET 01/27/2011 - Reuters
    NEW YORK, Jan 27 (Reuters) - Short interest on the New York Stock Exchange edged up 0.81 percent in the first half of January compared with late December, exchange data showed. For details see .

    Below are the five NYSE stocks that experienced the largest increases and decreases in short positions in the first half of January, according to data released by the exchange.

    The five companies with the largest overall short positions are also listed. COMPANY JAN 14 DEC 31 NET CHANGE PCT CHANGE
    FIVE BIGGEST NET INCREASES: Chimera Investment <CIM.N> 39,121,795 19,919,193 19,202,602 96.40 Ford Motor Co <F.N> 192,575,841 179,495,709 13,080,132 7.29 Alcoa Inc <AA.N> 61,913,843 51,083,040 10,830,803 21.20 Banco Santander <STD.N> 22,291,049 11,690,650 10,600,399 90.67 Alcatel-Lucent <ALU.N> 32,958,176 24,120,692 8,837,484 36.64 FIVE BIGGEST NET DECREASES: First BanCorp <FBP.N> 4,222,530 56,315,788 -52,093,258 -92.5 Annaly Capital <NLY.N> 21,121,462 40,096,914 -18,975,452 -47.32 LSI Corporation <LSI.N> 14,881,941 33,305,323 -18,423,382 -55.32 Hecla Mining Co <HL.N> 25,328,230 40,034,343 -14,706,113 -36.73 MGM Resorts <MGM.N> 66,131,577 78,928,542 -12,796,965 -16.21 FIVE LARGEST POSITIONS: Citigroup Inc <C.N> 358,544,533 354,630,839 3,913,694 1.10 Ford Motor Co <F.N> 192,575,841 179,495,709 13,080,132 7.29 Sprint Nextel <S.N> 119,588,252 129,505,169 -9,916,917 -7.66 Bank of America <BAC.N> 114,991,600 111,648,638 3,342,962 2.99 Synovus Fincl <SNV.N> 100,026,190 101,475,580 -1,449,390 -1.43 Source: NYSE data as of Jan. 14, Reuters
    Jan 30 03:02 PM | Likes Like |Link to Comment
  • Pay Attention to the Pain of Greece and Spain [View article]
    You set out the parameters of the debt problems that countries are facing, and show that such problems can be solved through a political settlement. Unfortunately, the political processes here and abroad more often work against such a settlement. Will necessity be the mother of invention?

    Also, for some important errors in analysis, see John Lounsbury's piece that discusses the last chart in your article. While a 'corrected' chart would still show government growth and a real problem, this chart seriously misrepresents the situation. Thus, this chart, which I see you attribute to the Heritage Foundation, adds to the problem of reaching a correct understanding our situation. (were the errors generated by allowing emotion to enter the analytic process? if so, it reinforces perceptions of distrust regarding the output of 'politically aligned' research centers. Not a good thing)

    One more point, evidently Lounsbury was not sure of the origin of the chart which had also been used by the Wall Street Journal at some point. Shows again the importance of getting something right before sticking it up online.
    Feb 21 09:52 AM | 2 Likes Like |Link to Comment