This is from a securities attorney: "Working

Quote:

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This is from a securities attorney:

"Working together, FINRA and the SEC had created a monster. They had provided companies and their short-obsessed investors with a resource even more seductive than the threshold list. Instead of a mere handful of issues with threshold failures to deliver, the daily short volume offered supposed “short sale” numbers for virtually every stock traded on the national exchanges and over-the-counter. Every day, hundreds of message board posters submit posts about attacks on their stocks by dangerous shorts. Sometimes, they add each day’s numbers to arrive at totals rising as high as trillions of shares. Protests that short interest is a running balance fall on deaf ears."

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This from the same "securities attorney" Jess Haberman....although I couldn't be bothered to determine whether or not he's an attorney....seems to me he would have identified as such in this letter...

https://www.sec.gov/comments/sr-finra-2009-06...9064-1.pdf

Since the reporting of short sales by these market participants is problematic and not
useful in terms of market transparency, and since, importantly, these market
participants are generally afforded exemptions from having to borrow stock when
effecting short sales, all such sell orders and trades could be marked with a specific
designation other than that of a long or short sale, such as a sale made or order
entered in connection to market making, riskless trading, or acting as a block
positioner. Then, the daily and monthly short sale information published by FINRA
would in a more meaningful way reflect true short selling activity taking place.

You're really slipping PP....get it together 'ol boy...if you're gonna come out guns 'a blazin LOL