This post made me look at Ruger shares. There is an unusual amount of Short interest in the stock SGR, 27% of the float on 10/22. In this market hitting new highs, the stock may incur a short squeeze. Just an interesting co-incidence, That is a very high percentage of people who had been short the stock, or for those who don't follow the market, they were betting it to go down. That only lasts so long, at some point they have to cover their short position, or lose their money. this was from today
Current Short Interest Shares 5.12 M
Current Short Interest Ratio 24.00
Float 18.78 M
Short Interest as % of Float 27.30
Average Daily Volume 204,000.00
Outstanding Shares 19.10 M
The float is the total number of outstanding shares, almost 19 million, at the current price of around 13.50 per share, you can see how much it would cost to cause any movement in the price. And this is only one company, so the theory of Bloomberg or anyone else being able to significantly alter the markets is very low if not nonexistent. As it would be illegal for him not to file paperwork notifying the exchange and other governing bodies of his position in the company. He would then be subject to all kinds or Sorbain Oxley rules.