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CHUNKY44

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CHUNKY44

Re: BigBake1 post# 272716

Friday, 09/12/2014 2:41:34 PM

Friday, September 12, 2014 2:41:34 PM

Post# of 312015
Excellent response, and excellent reading on the Finra comment to the SEC. It should be required reading. It completely explains why the daily SHO % are completely meaningless. They're only half of the story. They show what was marked short, but they don't show how many of those were still short at the end of the day, much less the standard 3 day settlement.

Why *anybody* would *rely* on the daily SHO % to jump to completely erroneous and possibly disastrous conclusions is beyond me. Is it simply *misunderstanding*, or intentional *misleading*?

Damn Right I've Got the Blues.

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