Interesting that we had zero shorted shares repor
Post# of 96892
(Total Views: 434)
Posted On: 11/11/2017 9:25:31 AM
Interesting that we had zero shorted shares reported to FINRA yesterday/
To me, that means nobody bought shares yesterday. Yes, I know the volume indicates some shares were sold but I think that is the typical wash trading we see virtually every day used to walk down the price or hold it down and also utilized to lower the FINRA short percentage at the end of the day when there is some buying.
Worthy of note is that the legal short size is now rising and we know the outstanding has not increased so that too is telling.
Settlement Date
Issue Name
Symbol
Market
Current Short
Previous Short
Chg
% Change from Prev
Avg Daily Vol
Days to Cover
10/31/2017 NanoTech Entertainment, Inc. C NTEK Other OTC 24,704 15,620 9,084 58.16 1,130,755
Last but not least notice the average volume that is being reported, well over a million shares per day. We know that number is decreasing.
Lots of changes being made in our markets and I hope many view the video I posted on the Overstock situation. T+0 and digital trading so it is known where every real share is at any moment in time is going to eliminate much of the criminal activity that is presently being practiced. Go NTEK!!!
To me, that means nobody bought shares yesterday. Yes, I know the volume indicates some shares were sold but I think that is the typical wash trading we see virtually every day used to walk down the price or hold it down and also utilized to lower the FINRA short percentage at the end of the day when there is some buying.
Worthy of note is that the legal short size is now rising and we know the outstanding has not increased so that too is telling.
Settlement Date
Issue Name
Symbol
Market
Current Short
Previous Short
Chg
% Change from Prev
Avg Daily Vol
Days to Cover
10/31/2017 NanoTech Entertainment, Inc. C NTEK Other OTC 24,704 15,620 9,084 58.16 1,130,755
Last but not least notice the average volume that is being reported, well over a million shares per day. We know that number is decreasing.
Lots of changes being made in our markets and I hope many view the video I posted on the Overstock situation. T+0 and digital trading so it is known where every real share is at any moment in time is going to eliminate much of the criminal activity that is presently being practiced. Go NTEK!!!
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