Posted On: 05/18/2015 5:33:05 PM
Post# of 9144
I have no idea why otcmarkets.com has recently begun reporting the twice monthly "short'' reports as a news item-its an injustice imo to newbies who dont how the game is played
but even if one did not know that mm's have a dozen ways to hide the true number of shorts, since shorts often and usually vary widely from day to day, the futility of reportig the # shorted for only 2 days of the month should be obvious
also shorting cartels and specialists get around the normal rules required of a retail investor to short-so they often quote those irrelevant rules
finra reports themselves -as alluded by shortvol.com -only report the tape transactions reported to finra -they dont include transactions not reported to finra such as non tape transactions and some naked shorts etc
I've never understood why shorters have always downplayed shorting-i guess they are just trying to put the blame pps performance on the company-which is often a lie in pennies -knowing that whoever believes the lie can be captured and thus sell their position-thus aiding shorters
short interest for the last month averaged ca 19.6%- when short interest averages at least 30% some sites report a possible short squeeze-where shorters are forced to sell at a higher price than that at which they borrowed the stock
1 of the injustices is that shorters are so noisy/active on the boards and often paid by shorter cartels, mm's or brokers or hedge funds etc- so they have nothing better to do-its like a paid job for them -the opposite of promoters.
but even if one did not know that mm's have a dozen ways to hide the true number of shorts, since shorts often and usually vary widely from day to day, the futility of reportig the # shorted for only 2 days of the month should be obvious
also shorting cartels and specialists get around the normal rules required of a retail investor to short-so they often quote those irrelevant rules
finra reports themselves -as alluded by shortvol.com -only report the tape transactions reported to finra -they dont include transactions not reported to finra such as non tape transactions and some naked shorts etc
I've never understood why shorters have always downplayed shorting-i guess they are just trying to put the blame pps performance on the company-which is often a lie in pennies -knowing that whoever believes the lie can be captured and thus sell their position-thus aiding shorters
short interest for the last month averaged ca 19.6%- when short interest averages at least 30% some sites report a possible short squeeze-where shorters are forced to sell at a higher price than that at which they borrowed the stock
1 of the injustices is that shorters are so noisy/active on the boards and often paid by shorter cartels, mm's or brokers or hedge funds etc- so they have nothing better to do-its like a paid job for them -the opposite of promoters.
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