Friday, May 26, 2017 5:40:45 AM
Short "Sales/Interest": The number of shares borrowed and sold "short", with the hope of buying back at a lower price. Not yet covered, ie, "Open" "interest" or "positions". FINRA reports this twice per month here: http://otce.finra.org/ESI ...
You can look here too, but sometimes lags the FINRA site
http://www.otcmarkets.com/stock/GMER/short-sales
Short "Sales/Interest" Example: Investor 'A' borrows 100,000 shares, sells them, then hopes the stock goes down. If it does, Investor 'A' buys back the shares at a lower price, returns them to the lender, and keeps the price difference. FINRA reports the # of "open" shorts, those not yet bought back & returned.
Short "Volume": Intraday volume Market Makers transactions when they temporarily short a stock for a couple of seconds or a minute to fill an order in a timely manner, then cover a couple minutes later (otcshortreport). Meaningless number because it's just the first leg of a transaction reported of filling orders. Completely unrelated to short interest. This number can often be quite high for thinly traded stocks, thus more likely to get hyped as shorts, even though it's not.
Short "Volume" Example: 1,000,000 buy order comes in. MM doesn't have 1,000,000 handy to fill the order, so quickly shorts 1,000,000, fills the order for the customer rather than keep them waiting. Then after taking a sip of coffee, covers the temporary short.
Now, lets say that happens 10 times today, for a total of 10,000,000 shares, short "Volume" is 10,000,000, but at EOD, it doesn't result in any short "positions" or "interest" because they were all covered right away.
The next day, someone sees the 10,000,000 short "volume" and talks about 10 MILLION SHORTS YESTERDAY .....
Short "Volume"s MEANINGLESS... Who cares what hoops MMs had to jump through to fill orders during the day ?
"Click-Bait" sites like otcshortreport intentionally misrepresent "volume" as "interest", to attract attention, generating advertising "clicks" for themselves.
Using otcshortreport numbers is like going to the bank,
Depositing $100,
Withdrawing $100,
Depositing $100,
Withdrawing $100.....
Repeating 10 times, then saying "I deposited $1000 in the bank today", when the account is actually $0
"It is easier to fool someone, than to convince them they have been fooled."
For those that don't get it, it means that people need to be more careful, and do good due diligence.
Recent GMER News
- Game On! Good Gaming's Galactic Acres™ Secures Primary Sponsorship in NASCAR's 2024 ARCA Menards Race Series To Help Power KLAS Motorsports to Victory Lane • InvestorsHub NewsWire • 03/06/2024 01:30:00 PM
- Good Gaming Announces Plans for Series of Airdrops as Their First Mobile App Game Galactic Acres™ is Set to Launch on February 16th • InvestorsHub NewsWire • 02/15/2024 01:30:00 PM
- Good Gaming Inc. Announces Official Launch Date for Galactic Acres™ Its First Groundbreaking Mobile App Game Enhanced with Web3 Technology • InvestorsHub NewsWire • 01/18/2024 01:30:00 PM
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 12/01/2023 09:30:42 PM
- Form RW - Registration Withdrawal Request • Edgar (US Regulatory) • 12/01/2023 09:05:17 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 11/20/2023 10:03:24 PM
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 11/16/2023 08:05:33 PM
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 11/06/2023 10:14:09 PM
- Good Gaming Inc. and Coeus Solutions Forge Development Partnership for Web3-Integrated Mobile Idle Game "Galactic Acres" • InvestorsHub NewsWire • 10/05/2023 11:26:48 AM
- Good Gaming, Inc. Announces Galactic Acres™ as Its First Mobile Game Integrated with Web3 Technology • InvestorsHub NewsWire • 10/03/2023 12:30:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 06:05:24 PM
- Good Gaming CEO Talks About Expanding Horizons and Driving Value Through Exciting New Developments in Mobile Gaming and Web3 Developments For Their Recent Shareholder Update • InvestorsHub NewsWire • 08/03/2023 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/26/2023 04:38:22 PM
- Good Gaming and ViaOne Services Announce Multi-Year Strategic Partnership For Integrated Mobile Games Featuring Web3 Integration • InvestorsHub NewsWire • 07/26/2023 12:30:00 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM