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Wednesday, 10/04/2017 11:15:26 PM

Wednesday, October 04, 2017 11:15:26 PM

Post# of 144814
Broker-Dealer short interest in $PMCB increased by 477.42% from Aug 31, 2017 to Sept. 15, 2017, from 14,000 shares on 8/31 to 80,839 shares on 9/15.

You have to go here http://otce.finra.org/ESI and enter "pmcb" to see the results. Other sites may claim to show you short interest, but this is actual data based on mandatory reports to FINRA from all members. What is a FINRA member? It's a broker-dealer. What's special about broker-dealers? They can do Naked Shorts. That is, they can sell stock without borrowing shares.

Data for Sept. 30 is due Oct 10th. I'm expecting to see another dramatic increase in naked short interest in $PMCB like the 477.42% increase we just saw.

Take a look just under the Intro on our page. You see a Quote box, a Chart box and a Community Sentiment box.

What is the Community Sentiment box? Well, it adds up the total number of bullish (positive) comments and compares that to the number of bearish (negative) comments and visually displays that in a bar graph. Dark green bars means everyone is bullish, while light green, white, and then red bars mean everyone is bearish.

Notice for $PMCB how the Community Sentiment has gone from steady green to light green to white on some days. Interesting stuff.

Short interest don't have to be closed out at the end of the month, but many broker-dealers that are open to day traders do encourage shorts to close so they don't have to bother reporting.

Really, truly, remarkable coincidence here that the whole "Kerr" incident happened on the day that short interests would have wanted to cover. If you recall, the "Kerr" incident caused people to sell 5 times the normal volume in shares in $PMCB.

If you find this suspicious and suspect something is amiss, please use the SEC Whistleblower tip system to let the SEC's new Cyber Unit know.

https://www.sec.gov/whistleblower/submit-a-tip

I did.

The SEC has a new Cyber Unit and one of the duties of the Cyber Unit is to monitor for:

"Market manipulation schemes involving false information spread through electronic and social media"

https://www.sec.gov/news/press-release/2017-176


Know What You Own. My posts should not be construed as investment advice.

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