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Re: ncym post# 28727

Monday, 05/01/2017 9:01:24 PM

Monday, May 01, 2017 9:01:24 PM

Post# of 52994
Do you even know what the short report is? It is not because people are shorting the stock. No one in their right mind would short a sub-penny stock, even if they could find a broker to permit it. It would cost many thousands of dollars just to back up such a short, and that would be more than the potential gains.
The short report is the report of what has been sold and not yet cleared - it takes 3 business days to clear. Anything that has been sold, and where the cash isn't into the seller's actual account is counted as 'short'. Not shorting the stock, just not cleared funds.