Hall of Fame Beverages, Inc (HFBG)

[ozzy52]

I read that as supporting what pennyinvestment is saying, not proof that he's wrong. I think the confusion is that 3210 stuff doesn't have anything to do with shorting in the usual sense where you borrow shares from your broker, sell them, buy them back cheaper when the price drops, return the shares to your broker and pocket the difference.

The 3210 stuff is talking about when a MM sells shares to us, I guess technically to our brokers, and then fails to deliver the shares we've purchased to the clearing agency. If a MM sells 2,000,000 shares today they're supposed to deliver 2,000,000 shares to the clearing agency within 3 days or whatever it is. If the MM only delivers 1,990,000 shares, they're 10,000 shares short and we get on the 3210 list. It probably means the MM sold 10,000 make believe shares. They'll stall, buy 10,000 shares and then deliver them. I'll stick a disclaimer here, I'm a newbie to all this myself but thats my take on the whole 3210 short thing.