Tuesday, March 24, 2015 11:04:07 AM
Those are the "short volume" numbers for the past 4 trading sessions of SEEK. (http://otcshortreport.com/index.php?index=seek&action=view#.VRF7LPnF9IY)
All of those trades took place at .0001
Can someone please explain to me why someone would be shorting hundreds of millions of shares of SEEK at .0001??? How are these supposed shorts going to "cover" below .0001 by scaring retail investors and/or longs into selling? They can't sell, as there's no bid!
If nothing else, SEEK's current status provides good, hard evidence that otcshortreports are complete BS insofar as they claim to show short-selling activity on a stock. Good lesson for when you see people posting those reports on other tickers...
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