SKTO Confirmed FINRA SEC Failure to Delivers…
Post# of 36728
Posted On: 03/24/2013 9:25:45 PM
SKTO Confirmed FINRA & SEC Failure to Delivers…
posted by my good friend Sterling.....
The below info will explain one of the main reasons for all of the new attention that is being given to SKTO. I have posted data like this below on stocks, but the data proved to not be substantiated over in those other stocks because of them diluting shares into their Float to allow for a covering. I truly believe that there won’t be any concerns of dilution here with SKTO to help with any covering. Again, I think this is one of the main reasons for all of this new attention.
There is data within the FINRA and SEC databases to confirm such existence. Before reading the data below, please understand that this is not data that I have made up or created. This is data generated from the official market regulatory agencies; FINRA and the SEC.
SKTO started being noticed and its increase in price started on March 11, 2013 as confirmed from the volume history for SKTO and the day that they released news both below:
http://ih.advfn.com/p.php?pid=nmona&article=56669955
http://ih.advfn.com/p.php?pid=historical&...=NO%5ESKTO
Below is a link from FINRA titled the… March 2013 Reg SHO Daily Files:
http://regsho.finra.org/regsho-March.html
Within this link above, scroll to the bottom of that page and click on the ORF section which stands for OTC Reporting Facilities. Then research the data listed for ”short volume” within the FINRA database for each trading date listed below and you will see the total combined data amount for ”short volume” here within this FINRA database that is synonymous with ”Naked Short” volume or ”Failure to Delivers” (FTDs):
SKTO Naked Short Shares (FTDs) For the Month of March 2013:
http://regsho.finra.org/regsho-March.html
Friday 22nd >>> FTDs = 27,677,274 (Total Volume = 75,974,311)
Thursday 21th >>> FTDs = 10,509,051 (Total Volume = 29,792,904)
Wednesday 20th >>> FTDs = 12,316,041 (Total Volume = 33,633,172)
Tuesday 19th >>> FTDs = 25,721,368 (Total Volume = 81,695,248)
Monday 18th >>> FTDs = 12,678,435 (Total Volume = 60,106,638)
Friday 15th >>> FTDs = 7,849,281 (Total Volume = 36,693,034)
Thursday 14th >>> FTDs = 12,444,944 (Total Volume = 78,814,772)
Wednesday 13th >>> FTDs = 15,621,529 (Total Volume = 77,302,629)
Tuesday 12th >>> FTDs = 11,324,708 (Total Volume = 123,489,133)
Monday 11th >>> FTDs = 21,875,723 (Total Volume = 86,496,384)
Friday 8th >>> FTDs = 115,000 (Total Volume = 793,000)
Thursday 7th >>> FTDs = 176,900 (Total Volume = 929,176)
Wednesday 6th >>> FTDs = 211,600 (Total Volume = 961,473)
Tuesday 5th >>> FTDs = 0 (Total Volume = 0)
Monday 4th >>> FTDs = 0 (Total Volume = 0)
Friday 1st >>> FTDs = 0 (Total Volume = 0)
TOTAL FTDs (or Naked Short Shares) Traded as of Mar 24, 2013 = 158,521,854 shares
TOTAL Volume Traded as of Mar 24, 2013 = 686,681,874 shares
If you notice, I am using the word ”Traded” within the totals above because the FTDs are the totals that were traded. I am not sure just how much of those 158,521,854 shares of FTDs above have been or will be covered in the near future which is also why I used the word ”Traded” and not the word “existing.”
To retrieve the Net Naked Short data for SKTO for the month of Mar 2013, even though it will still be a delayed snapshot is past time, we must ”later” click the SEC link below:
http://www.sec.gov/foia/docs/failsdata-archive.htm
The data is updated about two weeks after each end and half of each month to reflect a bi-weekly report of data. This is why the data for Mar 2013 won’t be available from the SEC website to review. Again, this data will be delayed data.
Some might try to argue that the above data does not represent FTDs and that the data is daily short volume representing short sales originated by short sellers and long sales executed by third parties via trade routing. Well, that volume that is indicated within the FINRA database is a ”gross amount” of volume to include FTDs (Naked Short Shares) which is indicated under the section listed as ”short volume” which is why the report is titles Reg SHO for Daily Files. Reg SHO refers to Failure to Delivers (FTDs) or what is known as Naked Shorting. The difference between the FTDs per day numbers I indicated above and the total volume numbers I indicated above covers the data that is originated by short sellers and long sales executed by third parties via trade routing.
The good thing that has been confirmed from this data from FINRA is that there is a 99.99% chance that the complete inventory of SKTO shares in the Float equals ”zero” and has been gone. That is why it trades as thin as it does. As more buying pressure continues to build, the harder it is going to be for those who have shorted or naked shorted SKTO to cover.
The hope for those needing to cover is to scare enough people into selling their shares so that there will be enough selling to facilitate a covering at much lower prices to reduce the pain of covering. The thought is to beat the race of the company releasing their financials to officially confirm its legitimacy to the major market forces because by then a covering at some much much higher prices would have to take place. This is when the price could really begin to increase.
Something else that’s important to understand is that once the data is available within the SEC database to reflect the Net FTDs, even having a deficit of ”1 share” being Naked Shorted would still confirm that the inventory of shares in the SKTO Float would still be ”zero” meaning that such is still a deficit and that SKTO should continue to trade as such ”Supply versus Demand” principles apply.
This is a previous concept above that I have explained before, but it’s ultimately up to the company to determine its success and the success of their shareholders by carrying out their business objectives. I have been in stocks that had awesome supportive data that justified what some investors might term as a ”huge covering” needing to take place, but then the company dumped an excessive amount of shares into the market which made us as investors look foolish for believing in such. This is why it is important for SKTO to maintain the integrity of their share structure of which they appear to be doing so. If this continues to happens, then it is just a matter of time before we win and win big. As it stands right now, there is a 99.99% chance that the inventory of ”legitimate” shares of SKTO to buy is ”zero” which means that the ”Float” for SKTO is gone. Continued buying pressure due to continued substance released from the company creates a very positive problem that will bode very well for SKTO shareholders.
Below is some more research to help those who do not fully understand Naked Shorting and how it works:
Feb 23, 2006 - Robert Shapiro discusses naked short selling on CNBC:
http://cdn2.overstock.com/06-0223_RShapiro_CNBC_NSS.wmv
Video by Senator Robert F. Bennett:
http://www.cnbc.com/id/15840232?video=652216599&play=1
Verbal and visual slideshow/video:
http://www.deepcapturethemovie.com/
http://www.deepcapture.com/introduction-to-th...-analysis/
http://www.businessjive.com/nss/darkside.html
http://www.businessjive.com/
v/r
Sterling
posted by my good friend Sterling.....
The below info will explain one of the main reasons for all of the new attention that is being given to SKTO. I have posted data like this below on stocks, but the data proved to not be substantiated over in those other stocks because of them diluting shares into their Float to allow for a covering. I truly believe that there won’t be any concerns of dilution here with SKTO to help with any covering. Again, I think this is one of the main reasons for all of this new attention.
There is data within the FINRA and SEC databases to confirm such existence. Before reading the data below, please understand that this is not data that I have made up or created. This is data generated from the official market regulatory agencies; FINRA and the SEC.
SKTO started being noticed and its increase in price started on March 11, 2013 as confirmed from the volume history for SKTO and the day that they released news both below:
http://ih.advfn.com/p.php?pid=nmona&article=56669955
http://ih.advfn.com/p.php?pid=historical&...=NO%5ESKTO
Below is a link from FINRA titled the… March 2013 Reg SHO Daily Files:
http://regsho.finra.org/regsho-March.html
Within this link above, scroll to the bottom of that page and click on the ORF section which stands for OTC Reporting Facilities. Then research the data listed for ”short volume” within the FINRA database for each trading date listed below and you will see the total combined data amount for ”short volume” here within this FINRA database that is synonymous with ”Naked Short” volume or ”Failure to Delivers” (FTDs):
SKTO Naked Short Shares (FTDs) For the Month of March 2013:
http://regsho.finra.org/regsho-March.html
Friday 22nd >>> FTDs = 27,677,274 (Total Volume = 75,974,311)
Thursday 21th >>> FTDs = 10,509,051 (Total Volume = 29,792,904)
Wednesday 20th >>> FTDs = 12,316,041 (Total Volume = 33,633,172)
Tuesday 19th >>> FTDs = 25,721,368 (Total Volume = 81,695,248)
Monday 18th >>> FTDs = 12,678,435 (Total Volume = 60,106,638)
Friday 15th >>> FTDs = 7,849,281 (Total Volume = 36,693,034)
Thursday 14th >>> FTDs = 12,444,944 (Total Volume = 78,814,772)
Wednesday 13th >>> FTDs = 15,621,529 (Total Volume = 77,302,629)
Tuesday 12th >>> FTDs = 11,324,708 (Total Volume = 123,489,133)
Monday 11th >>> FTDs = 21,875,723 (Total Volume = 86,496,384)
Friday 8th >>> FTDs = 115,000 (Total Volume = 793,000)
Thursday 7th >>> FTDs = 176,900 (Total Volume = 929,176)
Wednesday 6th >>> FTDs = 211,600 (Total Volume = 961,473)
Tuesday 5th >>> FTDs = 0 (Total Volume = 0)
Monday 4th >>> FTDs = 0 (Total Volume = 0)
Friday 1st >>> FTDs = 0 (Total Volume = 0)
TOTAL FTDs (or Naked Short Shares) Traded as of Mar 24, 2013 = 158,521,854 shares
TOTAL Volume Traded as of Mar 24, 2013 = 686,681,874 shares
If you notice, I am using the word ”Traded” within the totals above because the FTDs are the totals that were traded. I am not sure just how much of those 158,521,854 shares of FTDs above have been or will be covered in the near future which is also why I used the word ”Traded” and not the word “existing.”
To retrieve the Net Naked Short data for SKTO for the month of Mar 2013, even though it will still be a delayed snapshot is past time, we must ”later” click the SEC link below:
http://www.sec.gov/foia/docs/failsdata-archive.htm
The data is updated about two weeks after each end and half of each month to reflect a bi-weekly report of data. This is why the data for Mar 2013 won’t be available from the SEC website to review. Again, this data will be delayed data.
Some might try to argue that the above data does not represent FTDs and that the data is daily short volume representing short sales originated by short sellers and long sales executed by third parties via trade routing. Well, that volume that is indicated within the FINRA database is a ”gross amount” of volume to include FTDs (Naked Short Shares) which is indicated under the section listed as ”short volume” which is why the report is titles Reg SHO for Daily Files. Reg SHO refers to Failure to Delivers (FTDs) or what is known as Naked Shorting. The difference between the FTDs per day numbers I indicated above and the total volume numbers I indicated above covers the data that is originated by short sellers and long sales executed by third parties via trade routing.
The good thing that has been confirmed from this data from FINRA is that there is a 99.99% chance that the complete inventory of SKTO shares in the Float equals ”zero” and has been gone. That is why it trades as thin as it does. As more buying pressure continues to build, the harder it is going to be for those who have shorted or naked shorted SKTO to cover.
The hope for those needing to cover is to scare enough people into selling their shares so that there will be enough selling to facilitate a covering at much lower prices to reduce the pain of covering. The thought is to beat the race of the company releasing their financials to officially confirm its legitimacy to the major market forces because by then a covering at some much much higher prices would have to take place. This is when the price could really begin to increase.
Something else that’s important to understand is that once the data is available within the SEC database to reflect the Net FTDs, even having a deficit of ”1 share” being Naked Shorted would still confirm that the inventory of shares in the SKTO Float would still be ”zero” meaning that such is still a deficit and that SKTO should continue to trade as such ”Supply versus Demand” principles apply.
This is a previous concept above that I have explained before, but it’s ultimately up to the company to determine its success and the success of their shareholders by carrying out their business objectives. I have been in stocks that had awesome supportive data that justified what some investors might term as a ”huge covering” needing to take place, but then the company dumped an excessive amount of shares into the market which made us as investors look foolish for believing in such. This is why it is important for SKTO to maintain the integrity of their share structure of which they appear to be doing so. If this continues to happens, then it is just a matter of time before we win and win big. As it stands right now, there is a 99.99% chance that the inventory of ”legitimate” shares of SKTO to buy is ”zero” which means that the ”Float” for SKTO is gone. Continued buying pressure due to continued substance released from the company creates a very positive problem that will bode very well for SKTO shareholders.
Below is some more research to help those who do not fully understand Naked Shorting and how it works:
Feb 23, 2006 - Robert Shapiro discusses naked short selling on CNBC:
http://cdn2.overstock.com/06-0223_RShapiro_CNBC_NSS.wmv
Video by Senator Robert F. Bennett:
http://www.cnbc.com/id/15840232?video=652216599&play=1
Verbal and visual slideshow/video:
http://www.deepcapturethemovie.com/
http://www.deepcapture.com/introduction-to-th...-analysis/
http://www.businessjive.com/nss/darkside.html
http://www.businessjive.com/
v/r
Sterling
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