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Thursday, February 28, 2019 9:10:53 AM
I never said anything about 3 days to cover. I said FINRA reports open short positions twice a month. Today just so happens to be the day they need to be settled.
Yes there are failure to delivers(FTD’s) in otc stocks but as LITTLE as possible. Typically a very small number. But seeing’s how heavy volume has been shorts been having no luck dropping this down to 1/2 except for the minuscule amount sold yesterday.
So the question is will retail be ignorant enough to hand their shares over at 1/2 today or will they hold strong and force buying pressure and force shorts to buy at 3/4????
Once again GLT
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