Would you be willing to educate me as to how you can sell a share, not deliver the share within three days, and not have that result in an FTD?
I won't post on the topic again if someone can do so. If the above is impossible, then the corollary is that if you have three consecutive days with declining volume and not FTDs, the maximum outstanding naked short interest is the combined volume of those three days.
Go IPIX!
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All my posts are my own personal opinion and speculation. They should not be used as the basis for any investment decision. No, I am not Scottsmith.