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Shorting in the OTC is a myth used

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PNNX Discloses a $34.9 Million NOL and Completes Your Social Offers Acquisition InvestorsHub NewsWire - 10/16/2019 10:12:57 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 10/7/2019 8:20:43 AM
trader59 Member Level  Wednesday, 02/19/20 05:33:36 PM
Re: RavenDusk1 post# 5207
Post # of 7836 
Shorting in the OTC is a myth used to provide a scapegoat for toxic lenders, front loaders, and other large holders selling their stock and taking their profits, causing a PPS decrease. MM's "short" only for liquidity, and cover almost instantly. The short interest report will show if there are short positions on the stock, and there is never a significant number of shares for any penny stock.

Brokers do require $2.50 (or similar) to be held in margin for every share of a penny stock shorted, and given the volatility of the stinky pink market, doing that for a maximum possibility of a few pennies gained if the stock tanks would be monumentally stupid.

I'll be happy to put up articles from both FINRA and OTC markets about the difference between short volume and short interest for those who want the truth.

I swear I’ll never use the phrase “you can’t make this stuff up” ever again after being on the OTC. Apparently you can.
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