I was being sarcastic. In my previous post, the pr
Post# of 72440
Think about it. If the criminals shorted 50% of the daily volume illegally, are they stupid enough to leave actual evidence in the FINRA file? If the MMs are colluded, why would they provide actual evidence to incriminate themselves?
Most of the companies in the FINRA file have similar short % because the trades are executed the same way. Like Drano said, "... the market makers temporarily shorting to make fast trade executions." I suggest new investors to read the following post by TOB, a respected poster, on how trades are executed.
Quote:
The Daily Reg SHO only reports how the trade was initially executed and it does not reconcile based upon the fact the trade was covered as that will be taken care of in another report. Regulators only want to know exactly how the trade was initially executed and that is it. The trade goes off to the DTC and NSCC for clearing and settlement since it is a CNS security and is cleared and settled. According to SEC reports 98% of all trades are cleared and settled within the same day of trade or T+0. Of course regulators give T+3 for settlement, that is trade day plus 3 days for settlement, once it exceeds that it becomes an FTD (Fails to Deliver).
https://investorshangout.com/post/view?id=4816479