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Posted On: 10/20/2017 7:52:27 AM
Post# of 72440
sox: From the response to your friend: " it would be incorrect to assume that short sales comprise 32% of the total volume on that trading day for IPIX. FINRA publishes the daily short sale volume pursuant to an SEC mandate; however, there are various trading anomalies that result in the reported short sale volume often being exaggerated. Thus, the true total short sales volume may be significantly lower than the volume that is reported. Third parties sometimes ignore this and try to claim the ratio is valid to further their own objectives."
I agree with the Ombudsman's response. We already know one of the anomalies referred to, T trades, are oftentimes short sales which can avoid being reported by being reported after the bell. No doubt there are other anomalies and I hope your friend inquires further to find out what they are and how they occur. I would imagine that if the short trades can be exaggerated it is a two way street and they can be exaggerated both to the upside and the downside. (Wonder why they allow that?)
For the record this third party is merely posting the numbers they claim are true from their own website. Same format daily including the link to the source. I do believe IPIX is under attack by criminal short sellers and have stated that repeatedly. I also believe the company is going to turn the tables on them thanks to savvy management and great science. I don't think Aspire or Arruda sales of shares are responsible for the downtrend in the shareprice. I believe any shares they may have parted with have been easily absorbed by longs. Go IPIX!!!
I agree with the Ombudsman's response. We already know one of the anomalies referred to, T trades, are oftentimes short sales which can avoid being reported by being reported after the bell. No doubt there are other anomalies and I hope your friend inquires further to find out what they are and how they occur. I would imagine that if the short trades can be exaggerated it is a two way street and they can be exaggerated both to the upside and the downside. (Wonder why they allow that?)
For the record this third party is merely posting the numbers they claim are true from their own website. Same format daily including the link to the source. I do believe IPIX is under attack by criminal short sellers and have stated that repeatedly. I also believe the company is going to turn the tables on them thanks to savvy management and great science. I don't think Aspire or Arruda sales of shares are responsible for the downtrend in the shareprice. I believe any shares they may have parted with have been easily absorbed by longs. Go IPIX!!!
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