Creative Edge Nutrition Inc (FITX)

[TenKay]

Short VOLUME is meaningless. It is NOT short INTEREST. Short Volume is the most misunderstood and misrepresented information in the penny world. And promoter sites like otcshortreport take advantage of the ignorance of many penny investors of this to suggest a given stock is being "shorted".

It is not.

Unless the actual short INTEREST is significant and there are delivery issues with the stock there is no actual shorting going on...as in open short positions representing open short INTEREST.

All that the FINRA daily short VOLUME number represents is how the first leg of the transaction was marked. In penny land, a great deal of the time the first leg of a lot of LONG transactions is a short sale because B/D do not keep inventory of penny garbage....and most ESPECIALLY with a grey. That first leg is all that is reported to the tape. The second covering leg usually occurs within seconds...but MM have up to 3 days before it becomes a fail. However the result is that it is marked "short" even though it is a LONG transaction. And FINRA reports the number of shares that traded that way each day. There is absolutely no way to determine open Short interest from that.

Only the biweekly FINRA short INTEREST report and FTD's can do that.

Besides that...a grey market stock CANNOT be shorted by retail or hedge funds because it is NOT a marginable security. FITX is most definitely NOT being shorted.

It still amazes me how much this is misunderstood.