Lingerie Fighting Championships Inc (BOTY)

[Chuck Mustang]

Just to add, because I love this argument that MM's don't short, of course they do, regulations are in place to prevent or at least make it very difficult for retail to short but for the MM's, Broker Dealers, Hedge Funds etc, rules are very different. Stock Borrow/Loan is a huge business and across all markets, not just Nasdaq, S&P DJIA and Russell, all markets. BDs, MM's and the like charge interest to borrow stock, sometimes over 150% of the stocks value. Stock Borrow/Loan generates on it's own billions of dollars a year, how do you think Robinhood and many other electronic trading venues can offer you 0 commission, because they are making their money from lending your stock! Only Interactive Brokers asks your permission to do so and only Vanguard will actually pay you a % of what they earn from lending your stock to you!

FINRA made an announcement a few days ago that they were looking at ways of monitoring short interest and reporting daily rather than every 2 weeks as it is today, however, every MM, BD, Principal bank knows exactly the short position and the interest charged to borrow stock on a REAL TIME BASIS, as there are software systems that track and manage the stock borrow/loan process and 99% of US MM's, BDs and Banks use just one system.

How do I know this, join the dots.........

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