InvestorsHub Logo
Followers 400
Posts 48543
Boards Moderated 0
Alias Born 06/20/2011

Re: gimmee greenbacks post# 145195

Saturday, 08/29/2020 9:06:07 PM

Saturday, August 29, 2020 9:06:07 PM

Post# of 163961
Short VOLUME is meaningless in the OTC. Why? Because MM do not keep inventory of OTC stocks and can execute LONG trades using riskless principle which marks the trade short...even though it was a long transaction with NO resulting short interest.

This OTCSHORTREPORT nonsense has gotten so bad both OTC Markets AND FINRA decided to discuss why short volume tells you nothing about actual short interest on a stock.

https://www.finra.org/rules-guidance/notices/information-notice-051019

https://blog.otcmarkets.com/2018/11/13/understanding-short-sale-activity/

FINRA believes that the following three key points about the short sale volume data may help market participants better understand and draw informed conclusions about the data. As discussed below, the data: (1) does not include any trades that are not publicly disseminated, (2) is not consolidated with exchange data, and (3) does not—and is not intended to—equate to short interest position information.


But promoter run websites like OTCSHORTREPORT take advantage of OTC “investor” ignorance about the difference between short INTEREST and short VOLUME...many getting the two confused because they both contain the word “short”.

And lastly..a “naked short” will show up as a failure to deliver.

VYST has NO delivery issues.

"Harsh reality is always better than false hope"

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent VYST News