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Tuesday, July 23, 2019 2:34:56 PM
They creep out into message boards with greater and greater repetition as the reality of the financial disasters some of these turd dark filers have found themselves in come to final fruition and are exposed in broad daylight.
Pro Tip: if you are ever looking for a OTC Pink to avoid, check the intrawebz and boards for those with the most keywords for "shorts." 99.9% of the time this event signals the end of a stock. Once these people start posting the "daily short report" and/or talking about NSS from offshore Panamanian firms it is completely done and dusted.
Failure to read and comprehend the official response on this fantasy issue as of July 2019 is frightening, but somehow still tolerated.
FINRA.ORG
Failure to read and comprehend this simple paragraph from that link is insulting to the entire scope of third graders across the nation:
Finally, short sale volume data does not—and is not intended to—equate to reported bimonthly short interest information. FINRA rules require firms to report, on a per security basis, the total quantity of shares held as short positions in all customer and proprietary firm accounts twice a month. FINRA publishes the short interest data for OTC equity securities on its website, while the data for listed stocks is published by the exchange on which the stock is listed. Although some websites redistribute the Daily File and refer to the data as “short interest,” it is not, in fact, the equivalent of reported short interest information.
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