So which is it? Karin, The Hound and F1ash seem t
Post# of 72440
"Investors should always be cautious that issuers, promoters, or shareholders may be seeking to stimulate buying interest by making false, misleading or unfounded statements in internet chat rooms or other such forums about alleged large “naked” short positions in some smaller issuers. Some individuals may encourage other investors to buy these issuers’ securities by claiming that there will be an imminent short squeeze, in which the alleged “naked” short sellers will be forced to cover open short positions at increasing prices. These claims in fact may be false."
My position is I am doing neither, rather I am posting what the MM's are reporting to FINRA the share totals they sold short that day in response to a request for that information made by the SEC.
BTW Fidelity is claiming the average volume for the last 90 days is 267,464.
If that is true the days required to cover the short position would be 4.6 days of all selling and no buying by longs. Is it any wonder those short hate having the short volume posted daily? Go IPIX!!!