Friday, August 22, 2014 5:32:15 PM
I still have not seen any evidence in support of your assumption of pyct being heavily shorted. In contrast - I have plenty of proof that there is no short here, take for instance the official SEC reporting of the exact same volume amounts that you pull from your source....and none of it shorted this year or last...etc.
Adding to all this is the common use of shorting by penny scammers to try and dump off more shares.
Since you mentioned it....lets just see who is more verifiable:
you: Claim that pyct is massively shorted, yet you have to guess at the amount based solely on if a trade is settled in 30 seconds or not ... you seem to think that any trade not settled in 30 seconds has to be shorted. Trades have 3 days to settle before triggering an FTD...which leaves your tracking of shorts lacking any proof or as you stated "Therefore, your conclusion is not verifiable, and only your opinion"
Me: I use the official SEC tracking reports on FTDs. They have a more up to date accounting of when trades settle and when they don't (trigger an FTD). www.sec.gov/foia/docs/failsdata.htm . This seems rather verifiable.
you: Seem to believe that shorty (as disproved above) is responsible for yesterdays activity (heck maybe even today?) you have no proof but you think it is in an attempt to scare off investors.... again opinion without any backing. And since I showed why there is no short...it just seems wrong.
Me: I think that the volume yesterday and likely most the time is due to insiders. It is a FACT that they can sell at a profit at these low levels..... so that right there is a good piece of evidence that supports my opinion.
Logic and reason are not on this scams side.
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