Alkane Inc (ALKN)

[I-Glow]

LMAO!!! God, how I love the OTCshortreport posts to verify shorting.

Have you heard of the trade cycle or the FINRA Daily Reg SHO data - which is what the OTCShortreport uses and it is meaningless.

The Trade cycle is Trade Date plus 3 days for settlement, Daily Reg SHO only shows the Initial leg of each transaction and doesn't reconcile based upon settlements made seconds later as the trade has yet another 3 days to settle.

Who the hell shorts a sub-penny stock?

Monday call your broker and ask if you can borrow 1 million shares of ALKN to short. He will ask you if you know what a margin account is - and if you know about the $2.50 rule.

Here is a great test - find a stock on the greys and check with the OTCShortreport and check their shorting volume - because everyone knows you can't short on the greys.

Here is a example - that should put a end to all of the shorting nonsense - take a look at FITX.

From the OTCShortreport:

Jun 15 NA NA NA 4,671,655 500,000 10.70%

http://otcshortreport.com/index.php?index=FITX&action=view

Hell, the clowns at OTCShortreport are reporting at 10.70% of the Volume was shorted on a greysheet stock which is impossible.

IG