This argument doesn't just happen here but on othe

This argument doesn't just happen here but on other boards as well. It's such a widespread controversy that both SEC and FINRA warned investors about it.

P.S. Please don't shoot the messenger.

11. I read on an internet chat room or website that a specific security has a large number of fails; are these sources reliable?

"Investors should always be cautious that issuers, promoters, or shareholders may be seeking to stimulate buying interest by making false, misleading or unfounded statements in internet chat rooms or other such forums about alleged large “naked” short positions in some smaller issuers ."

https://www.sec.gov/investor/pubs/regsho.htm

"Thank you for contacting FINRA’s Office of the Ombudsman. Regarding your question, it would be incorrect to assume that short sales comprise 32% of the total volume on that trading day for IPIX . FINRA publishes the daily short sale volume pursuant to an SEC mandate; however, there are various trading anomalies that result in the reported short sale volume often being exaggerated. Thus, the true total short sales volume may be significantly lower than the volume that is reported. Third parties sometimes ignore this and try to claim the ratio is valid to further their own objectives. "

https://investorshangout.com/post/view?id=4804282

Quote:

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We're arguing about whether a number that FINRA provides that says "these were short sales" means "these were short sales."

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