InvestorsHub Logo
Followers 737
Posts 76008
Boards Moderated 0
Alias Born 01/01/2012

Re: trader53 post# 67696

Sunday, 10/23/2016 7:34:24 PM

Sunday, October 23, 2016 7:34:24 PM

Post# of 84325
LOL! I always love to see posts that include the OTCshortreport and ShortSqueeze - it always gives me a good laugh.

OTCshortreport is not a valid source for anything. They are a paid promotions website run by an ex-broker who was thrown out of the business. 

That data is not short interest. It is purportedly short volume, although I question if that is even true since many times those figures doesn't match FINRA's.

Nobody cares about publicly provided FINRA Daily Reg SHO data, it is meaningless on it's own. 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.

How exactly does one short a 0.0001 stock?

You also might want to read about the $2.50 rule and margin accounts.

Remember short volume does not equal short interest.

IG




"Are you gonna pull those pistols or whistle Dixie?"