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Posted On: 02/27/2020 10:11:58 AM
Post# of 72444
Just a reminder, we've discussed the FINRA numbers a lot and it's a TOS violation to try to start a food fight. That issue has been discussed a lot and anyone interested can go back to historical posts to see the arguments.
This is just a reminder of one of the major conclusions: as an example, when you see the FINRA number of 88%, that doesn't mean that every one of those positions is open at the end of the day. When some group of bashers (and their multi-identities) want to suppress stock price, they short it, then buy it back at the same or lower level. This generates "volume" and has a dampening effect on stock price at a low cost to the shorts. You could see a FINRA number of 88% but have only a small amount -- or none -- of it being held short overnight.
And it would be very foolish to short and hold -- because there could be big news at any time now.
If people want to argue about the FINRA number, please do it via PM, not on the main board.
This is just a reminder of one of the major conclusions: as an example, when you see the FINRA number of 88%, that doesn't mean that every one of those positions is open at the end of the day. When some group of bashers (and their multi-identities) want to suppress stock price, they short it, then buy it back at the same or lower level. This generates "volume" and has a dampening effect on stock price at a low cost to the shorts. You could see a FINRA number of 88% but have only a small amount -- or none -- of it being held short overnight.
And it would be very foolish to short and hold -- because there could be big news at any time now.
If people want to argue about the FINRA number, please do it via PM, not on the main board.
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