GE: Shorting Victim?
I've seen a lot of claims lately that GE's a victim of shorting. I generally think these arguments are ridiculous. Here, for some context, is a graph of GE's share price, along with the total short interest as a proportion of average daily volume. (These figures come from the Nasdaq, in 2-week chunks.)
As you can see, there are several points where short interest as a proportion of volume drops precipitously, yet the stock price does as well. I'd say these results argue against the 1-1 relationship between shorting and price action that the whiny GE holders out there are trying to promote.
Sometimes the flies arrive because of a real stink. Sometimes, they're just passing through. Either way, if you think GE's share price is silly, you get a chance to buy it low here. Thank whomever you believe is responsible.