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Re: Alley-oop post# 153441

Thursday, 07/30/2020 11:41:55 AM

Thursday, July 30, 2020 11:41:55 AM

Post# of 158817
NONSENSE! There are no significant short positions in this SCAM POS. Short volume IS NOT A SHORT POSITION THAT REQUIRES COVERING.

Short volume is an everyday occurrence, there is a 2nd leg of that transaction to close it that typically occurs within minutes (worst case up to 3-days). OTCchitreports doesn't reconcile that 2ng closing leg of the transaction. Hence, to uninformed noobies, that bogus short data looks like short positions... BUT IT'S NOT wink

It's helpful to understand what the data is, how it is assembled, and how/when to use it.

The only accurate representation of a true short position is the FINRA bi-monthly short report:

FINRA Short Interest

Who really thinks somebody is going to keep available & risk a margin of $2.50 per-share to short a .00x scam ticker???

Because
Short sellers are actively covering. PAOG is listed as one of the most shorted stocks on the OTC Short Report (https://www.otcshortreport.com/company/PAOG) based on data from FINRA’s Short Volume Report. With the big recent volume taking the PPS to $0.0059 all above all above $0.0025, shorts are likely happy to be covering anywhere under $0.003. The $0.003 PPS is likely a short squeeze trigger and solid trading volume above $0.003 is likely to see short converging contribution to PPS gains. shorts just got exposed