DMG Blockchain Solutions Inc (DMGGF)

[rbtree]

Good post. You are right, daily short volume numbers have nothing to do with actual shorting.

For example, see https://www.otcshortreport.com/company/COUV. That stock was suspended for two weeks by the SEC and now trades unsolicited, no bid/ask. yet, it still shows up on these bogus short reports.

A simple explanation is that there are two sides to every trade, long and short, but only the first leg is reported. But, in almost all trades, especially in the OTC, where retail shorting is virtually non-existent, there is a closing trade. But the trade is marked short if it was initiated by an MM with no shares.


I see that DMG is a TSX listed company, which makes it far more legit that any OTC junk. And it's into BTC mining, and had a big run, but is now predictably retracing.

I'm really not investing much these days, but am considering getting into some form of crypto trading.... be it in the coins, interest bearing accounts, or a stock like this one.