Alan, you said you are trying to expose the crimin
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Posted On: 01/30/2018 5:50:32 PM
Alan, you said you are trying to expose the criminals by posting the FINRA #s, but you also said they know how to hide their NS positions by moving to a "warehouse". So I'm trying to understand the real purpose of your FINRA post.
MMs mark some of the shares short temporarily short to execute trades and they are almost always covered in the same day. See Drano's post below.
https://investorshangout.com/post/view?id=4926249
Therefore the actual short % is much lower than the # suggests. I know you won't accept this explanation because it'll invalidate your claim that "50% of today's volume was short sales".
Again, I have no problem with you posting the #s. I sincerely hope that you can explain to others that short shares are usually covered in the same day so they don't get the wrong impression that 50% of today's volume are being held short.
MMs mark some of the shares short temporarily short to execute trades and they are almost always covered in the same day. See Drano's post below.
https://investorshangout.com/post/view?id=4926249
Therefore the actual short % is much lower than the # suggests. I know you won't accept this explanation because it'll invalidate your claim that "50% of today's volume was short sales".
Again, I have no problem with you posting the #s. I sincerely hope that you can explain to others that short shares are usually covered in the same day so they don't get the wrong impression that 50% of today's volume are being held short.
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