InvestorsHub Logo
Followers 12
Posts 2791
Boards Moderated 0
Alias Born 04/06/2001

Re: Rockfish22 post# 21024

Wednesday, 09/02/2015 10:47:20 AM

Wednesday, September 02, 2015 10:47:20 AM

Post# of 79867
Rockfish22 ... Here's a little refresher ...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111878367

and here's the OTC Threshold Securities List ...

http://otce.finra.org/RegSHO

and ADTM isn't on it.

Like I said before, anytime the MM's are involved especially with a rather illiquid OTC stock, it's virtually impossible to tell what's going on.

Take for instance ...

http://otcshortreport.com/index.php?index=ADTM&action=view#.VJnxJU6DD

the 44,000 shares sold short at $0.18 on 8/21 ... one would think those shares would be covered at something less than $0.18; however, the share price has only gone up since ... what's up with that ??!!??

Also, approximately 100,000 shares were sold short from 8/22 - 8/28 and none on the 29th ... could it be that the 84,000 shares traded that day have been used to cover a good portion of those 100,000 shares ?? Nobody can say for sure; consequently, I just don't consider it all that relevant.

It's kinda interesting to note that Interactive Brokers only shows ...

https://www.interactivebrokers.com/en/index.php?key=adtm&cntry=usa&tag=United%2520States&ib_entity=llc&ln=&asset=&f=4587&conf=am&amref=1

1,000 shares available to borrow !!

In the final analysis, I wouldn't pay attention to the daily short positions if I were you. As you can see here ...

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

there's never been much of a short position outstanding at anytime.

Hope this helps.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.