Indocan Resources Inc. (IDCN)

[iblong2]

Are you saying all the information posted on https://otcshortreport.com is bogus?


This is what the site says about the meaning of their data.

"Frequently Asked Questions

What is the purpose of OtcShortReport.com?

Our short reporting platform was developed to provide free of charge all the short selling data that is available on over the counter stocks.

What are OTC Stocks?

OTC Stocks are "Over The Counter" Stocks or Stocks that Trade on the OTC Markets. See: http://www.otcmarkets.com
What Markets Does OtcShortReport.com Provide Data for?

We track OTCBB, OTCQB, OTCQX and PinkSheet stocks.
Why is this service useful?

Understanding what percentage of any particular stocks daily volume is short is extremely important in understanding the level of manipulation occurring on that particular security. Market Makers are shorting small OTC companies in increased frequency. Many OTC companies try to market themselves by way of Investor Marketing campaigns and newsletter features to generate awareness to their business and brands. Short Sellers do not care whether or not a business plan is feasible, but rather how much volume they can capitalize on, by shorting "selling shares" to new investors that may otherwise believe in the company or business plan. Some investors simply want to daytrade OTC stocks, and they too are effected as Short Sellers are often manipulating the share price and market depth.

What do you mean by True Volume?

Many financial portals like Yahoo Finance, Quote Media and Bloomberg are providing inaccurate volume data on stocks. Market makers often double print orders on OTC companies. OtcShortReport.com tracks real volume which provides our users a better in depth look at the real volume on a given trading day and a calculation of the percentage of that volume which was short sold."