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Here is some more information on short interest:

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redwagon Member Profile
 
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USMJ - North American Cannabis Holdings Announces Cannabis Friendly Restaurant Focus "InvestorsHub NewsWire" - 10/17/2017 10:14:43 AM
PURA - Puration Announces Strategic Focus On Cannabis Infused Beverage Industry "InvestorsHub NewsWire" - 10/17/2017 10:13:23 AM
PURA - Puration Announces Online Sales Of EVERx CBD Infused Sports Water "InvestorsHub NewsWire" - 10/10/2017 8:54:23 AM
PURA - Puration Plans To Launch Online Sales Of EVERx CBD Infused Sports Water Next Week "InvestorsHub NewsWire" - 10/5/2017 9:08:38 AM
USMJ and PURA Secret Weapon To Target RMHB and POTN - City Blends New Distribution Facility "InvestorsHub NewsWire" - 10/5/2017 9:03:52 AM
USMJ and PURA Building PPS Momentum Prepping For California Recreational Marijuana Legalization "InvestorsHub NewsWire" - 10/4/2017 9:23:15 AM
What's The Buzz With North American Cannabis Holdings, Inc. (OTCMKTS:USMJ)? "InvestorsHub NewsWire" - 9/28/2017 10:27:35 AM
PURA - EVERx CBD Infused Sports Water Hits Shelves At Drug Emporium "InvestorsHub NewsWire" - 9/25/2017 8:56:23 AM
Puration Announces EVERx CBD Infused Sports Water Shipment To Drug Emporium And Second Production Run With Alkame Holdings "InvestorsHub NewsWire" - 9/15/2017 9:37:45 AM
USMJ And PURA Add FAQ To New ACI Website To Address Dividend Shares Among Other Shareholder Inquires "InvestorsHub NewsWire" - 9/14/2017 9:08:04 AM
American Cannabis Innovations Conglomerated Launches New Website Featuring USMJ and PURA "InvestorsHub NewsWire" - 9/11/2017 9:43:17 AM
MJAC 2017 Speaker Update - How venture capital and cryptocurrency are converging as the future of cannabis investing "InvestorsHub NewsWire" - 8/30/2017 10:29:33 PM
PotNetwork Holdings, Inc Confirmed for MJAC 2017 "InvestorsHub NewsWire" - 8/28/2017 10:43:55 AM
GREENBELT RESOURCES BIOETHANOL CHOSEN BY NCM BIOTECH TO BE TESTED FOR USE IN PATENTED CBD LIQUID EXTRACTION PROCESS "InvestorsHub NewsWire" - 8/24/2017 9:53:00 AM
MJAC 2017 International Cannabis Conference - Discount Code "InvestorsHub NewsWire" - 8/24/2017 8:40:00 AM
MJAC 2017 - Speaker Update - Investing In The U.S. Cannabis Market "InvestorsHub NewsWire" - 8/22/2017 1:27:13 AM
GREENBELT RESOURCES BIOETHANOL TO BE TESTED BY PURATION INC. FOR USE IN PATENTED CBD EXTRACTION PROCESS "InvestorsHub NewsWire" - 8/17/2017 11:53:22 AM
PURA - Puration Targets Cannabis Pharmaceutical Market Entry With Opioid Replacement Drug "InvestorsHub NewsWire" - 8/10/2017 9:29:31 AM
CryptoNinjas Feature USMJ Marijuana Sector Crypto Currency Strategy "InvestorsHub NewsWire" - 8/8/2017 10:58:39 AM
PURA - Puration Advances $100 Million Revenue Strategy As Marijuana Justice Act Is Proposed To Congress "InvestorsHub NewsWire" - 8/8/2017 10:21:03 AM
PURA Gears Up To Enter Marijuana Pharmaceutical Market Competing With Likes of GWPH MJNA and CBIS "InvestorsHub NewsWire" - 8/4/2017 11:47:31 AM
USMJ Announces Initial Currency Offering Plans For Blockchain Secured Cryptocurrency Backed By Cannabis Securities "InvestorsHub NewsWire" - 8/1/2017 9:00:00 AM
PURA 25 Greenhouse Grow Acquisition And PPS Range To $0.09 Featured By MMJ Observer "InvestorsHub NewsWire" - 7/31/2017 9:04:10 AM
PURA PPS Potential To Reach $0.09 From Current $0.03 "InvestorsHub NewsWire" - 7/27/2017 8:45:00 AM
PURA - Puration Presents Strategy For $100 Million In Revenue From Recent Grow Operation Acquisition "InvestorsHub NewsWire" - 7/26/2017 8:30:00 AM
redwagon   Wednesday, 10/04/17 05:48:06 PM
Re: None
Post # of 10688 
Here is some more information on short interest:

http://otcshortreport.com/company/PURA?index=usmj

The 77,000 shares was reported as of 9/15/17, but around 5 million naked shorts shares have been sold since the last report 9/15/17 through yesterday. The volume of shares traded and the % of those shares being sold short has increased dramatically.

What is 'Naked Shorting'
Naked shorting is the illegal practice of short selling shares that have not been affirmatively determined to exist. Ordinarily, traders must borrow a stock, or determine that it can be borrowed, before they sell it short. Due to various loopholes in the rules, and discrepancies between paper and electronic trading systems, naked shorting continues to happen.
BREAKING DOWN 'Naked Shorting'
With naked shorting, an investor sells shorts associated with shares that they do not possess and have not confirmed their ability to possess. If the trade associated with the short needs to take place in order to fulfill the obligations of the position, the trade may fail to complete within the required clearing time because the seller does not actually have access to the share. The technique is seen as very high risk, regardless of its associated legal entanglements, but has the potential to yield high rewards.
While no exact system of measurement exists, most systems point to the level of trades that fail to deliver from the seller to the buyer within the mandatory three-day stock settlement period as evidence of naked shorting. Naked shorts may represent a major portion of these failed trades.

Naked Shorting and Liquidity
Naked shorting can affect the liquidity of a particular security within the marketplace. In cases in which a particular share is not readily available, naked short selling allows a person to participate within the associated activity even though they are unable to actually obtain a share. If additional investors become interested in the shares associated with the shorting, this can cause an increase in liquidity associated with the shares as demand within the marketplace increases.



Read more: Naked Shorting http://www.investopedia.com/terms/n/nakedshorting.asp#ixzz4uZv7Skvy


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