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Re: viking86 post# 7292

Saturday, 06/28/2014 10:51:26 AM

Saturday, June 28, 2014 10:51:26 AM

Post# of 48153
Those daily short reporting sites aren't reliable. Any trades at the bid may be construed as shorting.

Here's an example for the OTC -

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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