ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

Also, there's been a discussion of scrc of 2.6m shares on dec 11th to dec 15th. I sure hope they keep shorting do you want me fact it's moved from .11 to .16 since the alleged short of 2.6m was reported. SHORTS Will GET FRIED. It is and will continue to be EXTREMELY expensive to put on a SHORT position at .11 cents for margin

Get your facts straight and stop mis-stating what others have stated. The 2.6M shares shorted were stated to have occurred between 12/15-12/19 and NOT between 12/11-12/15. This is important because the most recent net open short positions report is only as of 12/15/14.

And once again, as provided to this board previously, the daily short sale activity numbers that were provided were DIRECTLY FROM FINRA (so if you doubt this number, call FINRA, LOL), so this number is not in question. And combine it with the net remaining open short position which we do not know because they don’t provide this info daily (the next report is not as of 12/31/14, which should be out soon), so we will never know what the net open short positions were as of EOD 12/16 thru 12/19, respectively. What this combination of data tells you is how much of the daily short volume got covered intra-day and how much remained uncovered.

So, since the run began on 12/15/14, we at least have that one day’s “net remaining” open short position number of approx 50k shares. Relative to the much higher volume shorted during the 12/15/14 trading day itself, this tells us that the vast majority of any short sales were covered intra-day, leaving only a small number uncovered as of EOD 12/15/14.

This makes sense as TUTs looking to hedge their newly minted speculative long positions understand the risks of shorting penny stocks and will monitor their short positions closely – so as the sp shows support and begins inching up, the TUTs quickly close out their short positions. And they can do so very cheaply because there is a seemingly endless supply of shares being offered for sale – thereby bailing them out of any potential “squeeze”.

So you can thank JOEY Z and his CORE, along with the other financiers holding discounted shares priced in the .09-.11 range (as well as flippers who caught the wave at these levels – so good for you to snare a piece of the pie), for being the ones who are screwing up the short squeeze by continuing to offer up shares for sale at low asks as well as non-chalantly hitting low bids. It is ironic that the biggest drum-beaters for a short squeeze are the very ones undermining it by their constant selling.

And, also, for TUTs, it is NOT expensive to short stocks like SCRC because they – unlike retail – are naturally deep pocketed and don’t need to worry about account maintenance requirements the way that retail joes do.