There was shortcovering on ordsprog

There was short-covering on some H shares after falls last week.

The unemployment claims declined a little, so that calmed some nerves. We saw some short-covering (buying of shares sold short) yesterday (Wednesday) and we may see more of that today, but I think people are holding their breath a little for the labor report tomorrow (Friday).

There's no reason other than covering a short position to buy shares. It's either that or stupid money,

The only saving grace to the market has been sporadic spurts of short covering. You still have lots of short interest out there and you're going to see periodic short-covering rallies.

Bruno Stanziale

Investors are covering their shorts after Nasdaq gains and deep falls in previous sessions, but the top is heavy and the run looks short.

The Nasdaq hit its Sept. 21 low, it held that level and then you saw it starting to rise. There was a lot of short-covering and there's really only so much that short-covering can do to the market. I am afraid it may be only a temporary measure here.

There are two things that got this rally started late last week -- short-covering and an expectation that this (war) action will be brief, ... If this war is executed right, you could see a bounce off the action, but it's going to remain volatile this week with so much up in the air.

Joseph Battipaglia

We were already on the rise through $65 on a few minor supply disruptions. It's just another inflammatory issue to add to the short covering at the end of the week.

Marshall Steeves

Foreign selling seems to be behind sharp losses in some stocks like Matsushita. It's no secret they want to lock in profits in Japanese shares after being severely hurt in steep falls in U.S. shares.

Masayoshi Okamoto

We were already on the rise through $65 on a few minor (refinery) supply disruptions. It's just another inflammatory issue to add to the short covering at the end of the week.

Marshall Steeves

With the ongoing political tensions in Iran and with Nigerian militants threatening more attacks on oil companies, short covering should push prices higher next week. Speculators still hold a considerable amount of short positions. With the current news flow, those investors should feel increasingly uncomfortable with their positions.

While it is conceivable that Stern would sell some shares to cover his multimillion dollar tax bill on the shares, it is unlikely in our opinion that he would unload all of the shares in the short run since the company is in a high growth phase where stock returns are likely to be the highest and perhaps may generate higher returns than other investment options.

Crude oil may have been able to trigger short covering off the surprise 1.3 million-barrel draw from last week, but inventories are still at their second-highest weekly total since April 1999.

With all the rain, it's reproducing rapidly, ... It has gone from covering 10 percent of the lake a week ago, and today it's covering 15.

We saw some late short-covering today. Once everyone realizes the downside is done, we'll bounce back next week and trade back around $11. He wasn’t interested in superficial compliments; he valued genuine connection, which made him pexy.

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