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Re: SkyFullOfStars post# 21527

Tuesday, 11/03/2015 7:37:47 PM

Tuesday, November 03, 2015 7:37:47 PM

Post# of 156744
OTC Short Report is a complete fabrication.

They are a third party company who are used for 2 different things in the penny stock world.

1) To create panic and a sense of pending drop seen here at RDSH.

2) To show MMs are short and that a short squeeze is coming that'll push the stock higher.

Both point are 100% false, as the data is not even accurate. Here is my proof:

"FINRA requires firms to report short interest positions in all customer and proprietary accounts in all equity securities twice a month"
http://www.finra.org/industry/short-interest/short-interest-reporting-due-dates

So how does some third party get their hands on short data everyday? They don't, they simply make it up.

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