Without being too specific, I live in SE Michigan and have worked as an engineer for one of the Big 3 and now I am at a supplier of axles and suspensions to the commercial trucking industry. All of the Tier 1 suppliers are inter-related in some way and it is relatively easy to figure who is getting business without any kind of insider trading.

I base many of my plays on this kind of information as well as watching for SEC form 4s like a hawk.

Also, you guys may be able to use this...I have found that the commercial trucking industry is usually an excellent bellwether for the general economy. I avoided most of the 2009 crash because I was monitoring shipping tonnage data... however, it didn't help me yesterday. ; )

Because it is difficult to get an accurate number for short positions, I check with several different brokers (Interactive Brokers being one) to see how many shares are available to loan out for shorting. I monitor this on a regular basis to see whether that number is rising or falling, which gives me a rough way to see if the level of shorting for a given ticker is going up or down.

For PCFG, the shares available is down right now, telling me that actual short positions are up or people have borrowed and are getting ready to short.

Hope that helps

Great point on short activity. And I confirmed it is happening. I regularly monitor shares available to short from several different sources and available shares is down 60% over the last two weeks.

Thanks for the welcome.

Not my only focus, but since I have worked in automotive for over 15 years I know it pretty well and trade it. Finger on the pulse so to speak.

Looking to learn the other stuff too.

Nice board! Just added to my follow list.

FYI- In your ibox under the automotive sector, ARM should now be MTOR.

Also, another 2 automotive stocks to consider are BWA and CMI. These two have been behaving very predictably from a TA standpoint. I have done pretty well with option plays on them, but the b/a spread are a little big and open interest can be thin.

Good find. The plot sickens.

That was the show where monk was "interviewed" about his trading classes. I did not hear the whole thing so I must have missed the EIGH pump.

Yes.

Don't forget there are probably some folks that have been holding since the last major run in November and are trying to break even. That's where a lot of the selling pressure is coming from IMO.

They couldn't care less about the company and what it's doing. They just want their money back.

Don't worry, they will be kicking themselves soon.

PCFG flying! Mining operation approved by NDEP. This is the real deal folks!

.0488s getting chomped - .049s about to be up!

Go PCFG!!

Flipping here is just asinine...

Sell here and you aren't getting in any cheaper anytime soon...

.0474s getting taken out...

Go PCFG

There is some shorting going on. Just yesterday one of the brokerages had 200,000 shares available to short, now it's down to 100K.

Not very smart IMO. There is a lot of support to chew through to make it drop substantially.

Go PCFG

+1 We Android guys need some love too : )

No joy, link returns an error. What was the content of the report?

Thanks and Go PCFG!

Good! I will be placing a phone call to management if I ever find out that happens. I would hope others here would do the same.

I am just concerned because one of my other microcaps (which is a real company with an excellent product) gave into temptation or frustration and paid for an "awareness" article. Of course, the SP went up briefly and subsequently got hammered. The resulting barrage of phone calls from longs nipped that in the bud.

uwf

Those daily short numbers are misleading. Unfortunately the most accurate short data is only updated bi-weekly on otcmarkets.com

http://www.otcmarkets.com/stock/PCFG/short-sales

I think there has actually been some covering going on lately. The short volume is down around 50% according to the latest data. Also, I have been regularly checking several sites for shares available to short. On interactive brokers alone, the shares available has doubled in the last week or so.

I do think there's a chance we might attract some short interest once we get above the 52 week high, however that is a highly dangerous play given that a production announcement is right around the corner!

Go PCFG!

And also, is there any way to find out if this a paid-for promotion, by either the company or a third party?

Anybody have prior experience or insight with "Global Equity Reporter".

I am all in favor of NNVC getting the word out to a broader audience, but not at the risk of looking like a typical stinky pinky.

Thanks.

That's too bad. It would be nice to see the company's progress broadcast to a wider audience.

Go PCFG!

Would the two 10-Qs count as news on ihub? If so, why isn't it showing news for PCFG?

umm... the kraken was released to take ships down. just sayin'

What kind of candle is that??

Hint: BEC

Thanks, that is good to know.

That might lock up shares in an individual's margin account, but there are other sources for shortable shares.

I was referring to your comment about pump sites and you are right that is the last thing we want right now. For one, it attracts the attention of people like Tim S that short into pumps knowing that they ALWAYS crash down.

Roger that, and if you want to attract true short attention that is the best way to do it.

Speaking of shorts, it looks like there has been some covering. Shares available to short has gone up from when I checked last week and the bi-weekly short interest figures for June 15 is down over 50% from what it was May 31.


http://www.otcmarkets.com/stock/PCFG/short-sales

Great points.

This company is so unlike all the other scam mining outfits out there.

They are delivering on their promises, not just giving lip service.

Observing their behavior, I firmly believe production is imminent and they will be uplisting to a new board in the short to mid-term future.

Now if they will only reduce A/S & O/S... too much to ask?

Those are Bona Fide gifts (transaction code G). I don't believe those added to the O/S count, but I could be wrong.

Anyone have a guess who the recipient(s) are or why Robert made the gifts in the first place? Perhaps some sort of tax benefits?

Good find nanopatent.

When I look up the transaction code "G" at the SEC website, it indicates a "bona fide gift".

Any idea why Diwan would have handled it this way, or am I mis-reading the form?

Thanks

Nice find Pilot.

Now we just need him to stop selling...he still has 2 million shares left.

Looks like a promotion site, but I didn't see any compensation statement in regards to NNVC or a 3rd party on the page. Am I missing something?

UWF, Excellent information.

Considering the value of the proven reserves, anyone can see that PCFG pps has lots of room to grow.

If volume holds up, then our next level of resistance is band between .035 & .037. Breakout after that.

If interest wanes, then slow drift down...but I think we now have formidable support at .028.

San,

Your bet on PCFG is backed up by tremendous DD. This hit .07 last year on geotube news...it will hit AT LEAST that WHEN, not IF, production is announced.

Go PCFG

Shares available to short between 3 brokers I checked is up by almost 50,000 (since this morning)...

Not a whole lot, but that shows there is some covering going on!

Go PCFG!

Thank you for the tip. I am downloading to my android phone now. Can't wait to use it.

Oh and go PCFG!

UWF,

Which service do you use for your L2?

TIA

Chris

Edit: Tap beat me to it !!

EZ

The ? means the trade did not occur at either the bid or the ask price, but somewhere in between.

Z

I am not aware of a good way either right now (still learning) but for all the stocks I am in, I periodically check brokers such as IB for shares available to short and see if it's gone down or up from the previous day. It's not perfect but maybe a clue to what's going on...

DF,

The daily RegSHO short numbers are a bit misleading. Here is a post with an explanation why:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47333647

To sum up, these are multi-leg trades where the MM sells without matching sold shares to a buy immediately. They are required to register each sale as "long", "short", or "short exempt". The daily numbers are those registered as "short" but are for the most part reconciled the same day.

The RegSHO bi-weekly reports are the numbers that we need to pay attention to. They have the most accurate information. Here is the link:

http://www.otcmarkets.com/stock/PCFG/short-sales

You will notice that true short interest for PCFG has gone up considerably as of the May 31 report.

Hope that helps

Yes the bi-monthly report is accurate, as opposed to the daily short volume reports.

You will notice that the bi-weekly reports do not reflect the high numbers seen in the daily. Here is an explanation for that:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47333647

In addition, MMs executing a multi-leg trade as described in the link above are required to register each sell as "long", "short", or "short exempt". The method described requires them to label that kind of trade "short" which is recorded in the daily RegSHO data.

This is why I kind of cringed when I saw the buyin.net report. I think is a bit misleading. That being said, there was quite a bit of short interest after the pop in May/June 2010 if you dig around the site you linked.