Central Wireless Inc (CWIR)

[Don38]

Wouldn’t it be nice if shorting were so simple and make-believe? Unfortunately shorting is a complex web of lies and law suits. The truth is that short reports reveal only part of all short transaction, much like long volume reports only reveal part of all long transactions. Longs who buy and hold or buy and sell are also not separated within long volume reports. The truth is that short volume data jams together both short interest data (delayed data) and short volume data (instant data). The same happens within long volume reports but that does not make either reports meaningless. Long volume data is not meaningless because it does not separate out all kinds of long interests and short volume data is not meaningless because it does not separate out all kinds of short data. Both long and short data contain valuable information for predicting market trends.

The visible short volume issue is only the beginning of the short deception game. Invisible shorting also exists and operates much like the dark web of the internet. This is unpublished shorting that exists somewhere between legal and illegal and every once in a while someone gets caught creating counterfeit shares and Naked Shorting.

Many thought naked shorting did not exist before 2008 and then the market crashed so they started looking at it. Back then there was a naked-shorting lawsuit lodged against ALL of the major Wall Street prime brokers. It including units of Goldman Sachs Group and Merrill Lynch, by Overstock.com, The case was huge and was filed in California Superior in San Francisco. It was later summarily dismissed on a technicality; the court found that it should have been filed in a different venue. The case involved Goldman being found creating fictitious shares involving naked short sales and puts and calls. They did it by using a questionable and complicated trading technique called a “reverse conversion “. A reverse conversion can literally create counterfeit shares for naked shorting. You would think creating fictitious shares for shorting would be illegal but it is not and continues to this day. Naked shorting works to kill the value of companies and peoples investments by artificially pushing a company’s stock price down. This is nothing but dilution and works to steal money right out of the investors pocket. If a stock is being shorted more than 20% of its daily volume, it is under short attack. This is not a meaningless game like some shorts would like you to believe.

www.otcshortreport.com
http://nakedshortreport.com/how-to-detect-short-trades
Naked Shorting Counterfeiting Stock http://counterfeitingstock.com/CounterfeitingStock.html