Digital Brand Media and Marketing Group Inc (DBMM)

[snow]

FallColors I have no idea how many shares are short. My post is that 850 million shares traded in a day when there are about 700 million shares outstanding does not prove that there is any short. By the way, shares traded are normally counted at least twice when it comes to voume of trading. Shares are sold to market-makers and bought from market-makers and tradee between market-makers.

It is wishful thinking to assume that trading on the pink sheets forces naked shorts to cover. This company has proved over years that it is unable to reach anything near profitability. It has substantial negative net assets in relation to its revenues. I take it that any naked shorts assume that the company will go broke eventually and that there will be no need to cover the short positions.