Thursday, July 04, 2013 4:00:26 PM
Often the sites people believe are reporting "shorts" are not reporting the "short" they think it is. Instead the site is only reporting that a sale of retail shares took place by an MM executing the transaction on behalf of the seller without the MM yet having the shares (nothing more than a typical retail sell order). The MM will however have the transaction sale completed (shares being sold transacted) in a few nanoseconds after the transaction. There is a move to change the "short" identification used for this form of a "short" so that people can more readily see the truth and avoid confusion. So far that hasn't happened.
I suggest reading closely the following two posts on this subject as they provide very excellent explanations.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=89392044
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=89504635
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