Sino Agro Food Inc (fka SIAF)

[ThePennyGuru]

Gee Part 1 is a fabrication and a lie also-
1. (FINRA WEBSITE)
“Aggregate reported share volume of executed short sale trades during regular trading hours”
http://regsho.finra.org/DailyShortSaleVolumeFileLayout.pdf


The data is gathered through reporting by broker dealers, which are required to mark sales either long sales, or short sales. So, its pretty easy to add up all the short sales, and release the numbers. Why are people trying to confuse the rest of us by talking about delivery periods?

2. SEC.GOV
Under Rule 200(g), brokers and dealers must mark all sell orders of any equity security as “long,” “short,” or “short exempt.” The primary objective is to make sure that orders are marked and executed properly and that accurate data on those orders is available for the pilot study and for surveillance and compliance purposes.
http://www.sec.gov/divisions/marketreg/mrfaqregsho1204.htm

3. SEC.GOV
Rule 200 – Definitions and Marking Requirements. Rule 200 incorporates and amends Rules 3b-3, 10a-1(d) and 10a-1(e)(13). It defines ownership for short sale purposes, and clarifies the requirement to determine a short seller’s net aggregate position. It also incorporates requirements to mark sales in all equity securities “long,” “short,” or “short exempt.”
http://www.sec.gov/divisions/marketreg/mrfaqregsho1204.htm

VERY CLEAR, LAST SENTENCE, IT IS CONSIDERED A LONG SALE, IF YOU ARE EXPECTED THAT THE SECURITY WILL BE IN THE PHYSICAL POSSESSION OR CONTROL OF THE BROKER OR DEALER NO LATER THAN SETTLEMENT.

4. LAW.UC.EDU
A broker or dealer must mark all sell orders of any equity security as "long" or "short." An order to sell shall be marked "long" only if the seller is deemed to own the security being sold pursuant to paragraphs (a) through (f) of this section and either:
The security to be delivered is in the physical possession or control of the broker or dealer; or It is reasonably expected that the security will be in the physical possession or control of the broker or dealer no later than the settlement of the transaction.
http://www.law.uc.edu/CCL/regSHO/rule200.html