InvestorsHub Logo
Followers 287
Posts 21275
Boards Moderated 4
Alias Born 09/16/2009

Re: Pip611 post# 55460

Monday, 12/09/2013 2:33:39 PM

Monday, December 09, 2013 2:33:39 PM

Post# of 220682
Those reports have nothing to do with an actual Short Position and are an "ownership" marking requirement of SEC Rule 200. Because the OTC is a two tier market, one tier with Brokers and the other tier Broker Dealers, anytime a transaction cannot be executed internally by your broker the order goes to their contracted MM. That MM executes Riskless Principle transactions in which the initial leg is short the shares and then purchases the actual shares from the selling party for the cover.

A good post to read on Short Volume:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80871478

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.