But those folks who spend countless hours posting
Post# of 43064
Quote:
But those folks who spend countless hours posting negatively are invested in PTOI. They have a huge investment on the short side. The problem they have is they did not borrow the shares they shorted against so they stand to go bankrupt if PTOI is a success. Should that happen, and I believe it will, the suicide rate will no doubt increase. They should have covered.! Go PTOI!!!
Absolute nonsense, as has been shown over and over.
Once again:
How Stock Bangers Misuse the Threshold List (Regsho or Regulation SHO)
Stock Bangers sometimes build entire promotional campaigns around the Threshold List. The Stock Bangers assert that the Threshold List proves a particular stock’s decline is temporary and the result of bashers working with short sellers to conceal insider or their own dilutive selling. The Bangers tell investors to buy the stock to create a "short squeeze". A short squeeze generally refers to the sharp price increase or unavailability of a security to borrow to cover a short position. If a squeeze occurs, short sellers must purchase the stock to cover their positions. What the subsequent trade is actually reflecting is not a purchase by a short desperate to cover its position, but a purchase by a naive investor who is buying the stock the Bangers themselves are selling. Short squeezes are quite uncommon in penny stocks; covers or close-out buys of short positions rarely impact the price of the security even when the security is on the Threshold List. By blaming short sellers for a decline in stock price, Stock Bangers cause investors to hold their positions enabling the Banger to get a higher price for his shares. Promoters and their clients invariably dump into their own pump, and their object it to persuade retail traders to help them do so.
Anyone who takes the trouble to make a call to FINRA will be advised that the list to follow is the bi-monthly short interest report they publish. The Reg SHO list records only persistent fails to deliver. The short interest report records actual short positions as of the day of the report. Almost always, short interest is very low.
Jumping on the “naked shorting” bandwagon is a mistake. Falling for the fantasy of gigantic naked short positions is the stuff of fairy tales; it does not lead to the longed-for short squeeze, particularly where stocks are the subject of aggressive stock promotion. The stock in question may rise temporarily, as a self-fulfilling prophecy, but in the end it will succumb to selling on the part of the Bangers and the insiders who hired them.
From:
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