Southridge Enterprises Inc (SRGE)

[stervc]

1manband, here’s the difference…

Yes, you do keep adding, but you have to know that the FINRA numbers are basically a ”Gross Naked Short Shares” amount. Many of those shares do get covered, but not all of them get covered. This is why you have to take into consideration the SEC Net Naked Short data that I had posted. The disparity between the two amounts for that day is the amount of Naked Short Shares that were covered.

I do recommend for people to do just what you have said and to call FINRA to see for themselves. I think that they will see that just like the SEC, if they speak to a few different people on the issue, they would not get the same answers from them all. Still, there is enough answers available is you ask enough of the right questions to form your own opinion. What I have posted was my opinion based on the data provided by FINRA and the SEC.

These thoughts I have posted are not new and have been discussed before on a few stocks. Some had positive repercussions while some had negative repercussions. I think it is important to understand that the success of the company should not be determined by its FTD position. It is going to be up to the company to have a legitimate operation to help shareholders win with this issue. If such is not the case, then the shareholders will lose even if it results in a pop and drop in share prices. The proper growth and substance from the company should prevent that from happening.

From speaking with FINRA, I must tell you too that there are two different sections within FINRA within their Market Regulation Department that tracks "different" short data; the ”short interest” and the "short volume" sections. When I learned of this, I was surprised too.

I spoke to both sections. The ”short volume” section receives data from a more completed tape of trading data. The ”short interest” data that you see within the OTC Markets database (pinksheets.com) is correct data to a certain extent, but is incomplete. The complete ”gross” data is from the FINRA Index and the ”net” data is from the SEC as I have reported in my earlier post below:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80817200

FINRA will tell you directly that the ”short interest” data in not complete data. The complete data is the ”short volume” data. I think I have said enough on the issue to keep from being redundant. I will simply remain patient and confident and sit back and see what unfolds here with SRGE.

v/r
Sterling