Sunday, July 27, 2014 11:29:22 PM
The FINRA daily short data does not represent actual short interest or "shorting."
This excellent post explains why the FINRA daily short data does not show true short positions and that the bi-monthly report is the only reliable one. It also explains that when new shares are entering the market, they are reported as short until the stock is delivered.
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Notice the part that says when NEW SHARES are entering the market. They are considered short till delivered. Think about that. New shares.
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http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63945167
Full disclosure; Im long this stock. All statements, posts, comments I make are of my opinion only unless noted with sources and or links to give creditability to being a fact.
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