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Post# of 13959
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trader59

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Re: UP Trend post# 11057

Friday, 04/30/2021 2:00:39 PM

Friday, April 30, 2021 2:00:39 PM

Post# of 13959
Sorry, but that's completely wrong. Read the links from FINRA and OTC Markets I posted earlier, as they describe exactly what the market makers do when they "naked short." They cover almost instantly after marking the first leg of a transaction "short." It's why short volume is completely meaningless.

On the data date of 4/15, IMNPQ shows a short volume of over 5M shares. Of those 5M, 693 remained to cover.

It's how it works, despite what the OTC myth says.

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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