Nope, dead wrong: terry_mathews
Post# of 9903
Nope, dead wrong:
terry_mathews | | | Tuesday, October 23, 2012 5:25:55 PM | |
Re: stervc post# 45329 | | Post # of 48770 |
These are NOT FTD's and this has been explained one thousand times before. Stop misrepresenting this data . This is daily short volume representing short sales originated by short sellers and long sales executed by third parties via trade routing.
Fails to deliver are listed specifically on a seperate regulatory list and are listed as aggragate. The figure is not a daily amount of fails, but a combined figure that includes both new fails on the reporting day as well as existing fails.
http://www.sec.gov/foia/docs/failsdata.htm
The reason that you will NEVER find FTD's that ever closely represent the number you have manufactured here is because you are once again misrepresenting what that number means.