Cascadia Investments (CDIV)

[Ninja7]

Some more info related to the short and FTD numbers...

I think it’s important to understand that the daily (and monthly) short numbers as well as the FTD numbers generally reflect almost nothing about the naked shorts that might exist for a stock (or that do exist in the case of CDIV as is shown by the current Den ownership). The FTD numbers only reflect FTD’s that are cleared through the DTCC. MM’s can naked short and then easily “clear” the transactions outside the DTCC to avoid having these naked shorts show up in the FTD or short numbers (and therefore avoid drawing any attention to what is going on).

I bring this up so that when you hear certain posters claiming that the short interest is only such and such therefore the float lock is a myth or when they claim the FTD numbers should be much higher if the float was really locked, you’ll understand that their reasoning isn’t valid as they don’t understand how the MM’s hide the naked shorts.

An interesting link related to this is http://www.deepcapturethemovie.com/. It is similar to the link I provided in my previous post (to which this one replied).

Finally, a thread worth reading on this subject can be found at http://www.daytrader.com/forums/showthread.php?t=40140.