"Are you saying that you believe someone is shorti
Post# of 11899
"Are you saying that you believe someone is shorting this stock, RFMK ? Very unlikely IMO"
Wrong, it is not "unlikely", it is fact. Yes, indeed, RFMK stock is getting heavily shorted. What the bashing shorts do not want you to realize is that if we are to assume that the shorts are getting covered on the same day or T+3 days so that the biweekly short sale figures remain at zero then covering (buying to cover) accounts for volume equal to the short sale volume; this means if the short sale volume was say 10M then the covering transactions were 10M and if the total volume on that day was only 34M then that means only 14M shares traded normally on that day, the rest of the volume was just part of the MM games we have been witnessing. On those days whereby the short sale volume is greater than 50% of the total volume then necessarily (by simply math) all of the short sales were not covered on that day, which means an accumulation of shorts on the books that sit for future days waiting to be covered. This is all fact, not speculation or guesswork. We also have no idea if all of the short sales are getting properly reported by these crony firms engaged in such shennanigans. The same shorting bashers who are a part of it will get on the boards and try to convince you that only the biweekly short metrics mean anything and all of the daily short sale volume is just meaningless market making data but that is a lie. The daily short metrics do not represent legged-trades or any other nonsense, they are aggregate short sale transaction volumes and total share trade volumes, plain and simple. Settling the trades or letting them fail has nothing to do with these metrics, especially when talking about a security on a trade for trade designation where no naked short selling is allowed, however legit short sales are allowed and they obviously are taking full advantage of it.
http://otcshortreport.com/ (type in RFMK and observe the daily short sale volume vs total volume)
Date VolShorted ShortVol RegularVol
Sep 04 42.39% 20,478,151 48,304,411
Aug 31 28.46% 15,174,551 53,327,839
Aug 30 30.42% 8,077,451 26,554,778
Aug 29 29.46% 10,079,805 34,219,702
Aug 28 27.70% 9,146,368 33,019,553
Aug 27 59.46% 22,189,779 37,321,544
Aug 24 27.90% 17,188,242 61,603,834
Aug 23 11.41% 2,765,531 24,239,438
Aug 22 22.02% 12,172,302 55,274,108
Aug 21 22.05% 13,118,486 59,482,165
Aug 20 37.52% 21,587,791 57,530,802
Aug 17 32.69% 15,056,006 46,054,433