FINRA short sales of JBII 20140527|JBII|30050|0|
Post# of 43066
Posted On: 05/28/2014 10:31:21 AM
Quote:
FINRA short sales of JBII
20140527|JBII|30050|0|119985|O
25% of today's volume was short sales.
How many times is this falsehood going to be repeated??
Once again: a bit of explanation:
Just A Short Minute! The Long & Short Of The REG SHO List!
by Brenda Hamilton, Attorney, Hamilton & Associates
@ http://www.pumpsanddumps.com/2014/02/just-sho...g-sho.html
The Naked Short Seller
When a manipulated stock’s price declines, it has become common practice for penny stock issuers and their disciples to scream foul play and claim their company is the victim of a stock basher-naked short seller conspiracy, working with nefarious clearing firms to send their stock price to the triple-zero graveyard. These same issuers also complain vociferously about the purported “agenda” of the United States Securities and Exchange Commission (“SEC”) to wipe out penny stocks altogether by turning a blind eye to illegal short sale activities. It has become common practice for issuers and some Stock Bangers, also known as stock promoters or touts, to point to the Threshold Security List--the “Reg SHO List”--as evidence of illegal short sale activity that supposedly explains their declining stock prices.
The internet is flooded with misinformation about what the Threshold List reveals about a security. This makes it difficult for many investors to differentiate between legitimate short selling and unlawful manipulative short selling, and often causes investors to believe a stock’s price has dropped because of short selling rather than because of selling by insiders or the Stock Bangers themselves.
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