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Those are the old shoes. Pre-AVTI. The new JV shoe line is not yet released.
Great time to add shares here. We are heading up and this stock is going to rocket very soon. Impending PR likely next week.
The buys are starting to roll in... what's it going to take for our buddy NITE to raise a tick?
Thanks for sharing this - Great DD! This should probably be stickied. The only concerning thing is production has not yet completed. Hopefully they'll wrap things up and release a PR next week.
These posts do nothing except reinforce the fact that MM's are shorting the stock.
Selling stock without owning it is the very definition of short sales. It doesn't matter when they cover. And of course, they'll want to purchase it at a lower price!
Here's a good reply to the very post you linked me to:
Uranium
Thursday, March 04, 2010 8:38:24 PM
Re: Stock_Barber post# 65554 Post # of 82315
SB, The FINRA numbers are, no matter how you slice it, in effect still shorts. The MM may create "liquidity" by selling shares he does not have, then "covers" them later by buying them back. Is the MM going to buy them back at a higher price? Not likely. And he will do what he can to drive the price down to cover.
So you sell shares you don't own and buy them back at a lower price. Isn't that the definition of shorting?
Sticky please, seabiscuit.
Funny how people who disagree don't call the number! So amusing. There was nothing to misconstrue. Short sale data = short sales. Confirmed by the FINRA short interest specialist. Call the number yourself, and feel free to argue with her that short sale data does not equal short sales! Let us know how that goes!
Too technical for me? Hilarious! Keep the humor coming!
We're talking about FINRA here. You're the one talking about "penny stock players" here, not us.
You want answers? Call FINRA and ask. I did.
Well why don't you call Yvonne Huber and explain to her how she doesn't even know her own business then.
In the meantime, I'm going to believe FINRA, and not some guys on the internet. Sorry.
I'm expecting a PR next week, once stores start receiving the shoes.
I am definitely loading up, I've been adding .0005s and .0006s in anticipation of the next run. Maybe 4s as well, we'll see.
Hardly 80%. Looking at yesterday, short volume was approximately 50%.
However, if you have any more questions, feel free to call her:
Yvonne Huber (240)386-5034
Really? You expect us to believe that someone working in the FINRA short interest reporting department doesn't even understand her own job? But you do???
If that's the case, feel free to call her and "enlighten" her yourself. That should be interesting.
FINRA UPDATE AND SHORT SALE DATA ISSUE SOLVED: I spoke with Yvonne Huber of FINRA, I was directed to her by customer service at the FINRA call center.
Her name and number are right here on the FINRA short interest reporting information page:
http://www.finra.org/Industry/Compliance/RegulatoryFilings/ShortInterestReporting/
"Questions about the changes described above may be directed to Yvonne Huber at (240) 386-5034"
Miss Huber confirmed to me that the short sale data, is of course, data of HOW MUCH THE STOCK WAS SHORTED on a given day.
Now to clarify, she told me that the data does not show how long it took for the short seller to cover. Thus, someone could short the stock, and then cover soon after if they are not actually counting on the price to drop.
Regardless, all that short sale data are PEOPLE SHORTING THE STOCK. OUR SUSPICIONS ARE CONFIRMED: there are many shares being shorted each and every day!!!
So to all AVTI stockholders, look forward to the upcoming PR and the short squeeze that will undoubtedly follow!!!
Yes I called. They confirmed it was short sale data. I'll make a separate post about it in case anyone wants to sticky it.
AGREED, NEW PR and SHORT SQUEEZE coming VERY SOON!
I may try those numbers on Tuesday, but I am also awaiting a call by the person who writes up the data. Seems like a good source if I get a callback.
Cheers.
Well I appreciate your concern, but I am interested in doing this the RIGHT way instead of the FAST way. I want this issue to be 100% verified by my own DD, not anyone elses.
Have a good weekend.
I will go directly through phone numbers and contacts provided by FINRA themselves.
Actually she just picked up, it was Elaine Lopez from the FINRA Office of Investor Education. Of course, she couldn't answer the question herself (lol). She said she will find out who is responsible for the data, and they will call me back next week.
So until then, we wait.
The person I call never picks up their phone! I will keep trying, and update you when I get a firm answer.
The person I call never picks up their phone! I will keep trying, and update you when I get a firm answer.
Thanks for the advice sl62, I'll do that next time. Lesson learned.
CD holder?
Yeah I was trying to Limit it too and couldn't get filled. What if you did a Market order, would they hold it a long time and then screw you?
You guys do Market or Limit orders for a runner like this?
Is this dilution, or something else?
Somebody should sticky this post - GREAT DD!
Great news and great DD! Thanks for finally putting the Johnnie's spelling issue to rest!
I called the TA to obtain the O/S and it was a PAIN! They wouldn't give it to me over the phone but they said the "relationship manager" would call me back. So here I wait... I'm wondering if dilution is involved here...
Update: I called the FINRA call center and they gave me the number of the "office of investor education" to call. I tried it, but they are out of the office until Thursday. I will try again at the end of the week.
Why so many 20,000 orders in a row, is that someone covering their shorts?
Yeah, I will call the number on their website. No taking chances here. I'll report back tomorrow.
Couldn't agree more. I will, however, call them tomorrow morning just to make sure we are interpreting the data correctly.
Furthermore, that doesn't list all shorted shares, just the shares that have been shorted and not covered yet. Thus, the actual number of shorted shares could be much higher.
That's very different then your explanation of "short interest." Looks like short selling to me!
According to OTC:
Short Interest is the total number of shares of a security that have been sold short by customers and securities firms that have not been repurchased to settle short positions in the market. Short selling is the selling of a security that the seller does not own, or any sale that is completed by the delivery of a security borrowed by the seller. Short selling is a legitimate trading strategy. Short sellers assume the risk that they will be able to buy the stock at a more favorable price than the price at which they sold short.
http://www.otcmarkets.com/marketactivity/short_interest.jsp
Common sense? Common sense dictates that "short sales" = short sales. If FINRA short sales aren't actually short sales, then what are they?
If FINRA "short sales" are NOT actually short sales, then what the heck are they? I have yet to see anybody try to explain that one.
Until somebody cares to explain why we are so "misguided," I'm inclined to believe that "short sales" are indeed actually someone short selling the stock! Imagine that!
800 A/S, 700 O/S, 700 float
http://www.otcmarkets.com/stock/AVTI/company-info
That's over 5 million short sells, not 500 thousand...