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Re: CrimsonNightRider post# 92402

Monday, 04/24/2023 10:47:59 AM

Monday, April 24, 2023 10:47:59 AM

Post# of 96958
That makes no sense, The initial comment was about Shorting, NOT naked shorting:

Somebody” is shorting these pink sheet stocks….Using failure to deliver is like saying if the criminal isn’t caught in the act, the robbery didn’t happen. (SMH)”.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171742379

No need to repeat complete fiction, there are no significant Failure to Delivers here in this security. The report is generated based on credit and debits like a banking account, the broker does not get to "manually" report this data. The account is run by the Federal Reserve which just sees credits and debits from transactions. Deposit a check that is credited to the account and debited against the checking account that it comes from. It is pretty simple.

There are no loopholes concerning FTD reports, NONE, not a single instance of inaccurate FTD reporting.

The FACT remains FTD reports are accurate and when there is NO significant FTD in a security (currently zero in ASTA), that means there are no shorts, no NSS, no abusive NSS, no air shares, no electronic equity markers... none of that nonsense terminology of excuses that makes no sense.

As for “short sale volume”, read the whole story from OTCMarkets and FINRA, rather than clickbait sites like OTCShortReport. It’s Bad Karma to state there’s massive shorting when it’s an untruth, no one is fooled by these OTC games.

Understanding Short Sale Activity from OTCMarkets:
https://blog.otcmarkets.com/2018/11/13/understanding-short-sale-activity/

Understanding Short Sale Volume Data on FINRA’s Website:
https://www.finra.org/rules-guidance/notices/information-notice-051019