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Re: RyGuy post# 15136

Saturday, 02/20/2010 12:39:10 AM

Saturday, February 20, 2010 12:39:10 AM

Post# of 377844
I added all the FINRA numbers up and since December 1st there has been 151,706,826 sold short.

In my opinion, this does not mean individual people are shorting rather it is the Market Makers selling trying to make a market in what was a thinly traded equity, and they got caught with their pants down.

Since December 1st according to IHUB, there has been total share volume of 373,818,789.

That means 40.5% of the volume since December 1st has been short sales. Now if they all have covered their short sale relatively soon then that would mean the Market Makers would have been responsible for 303,413,652 of the volume since December 1st.

That leaves 70,405,000 to have been traded by all of us. Yet, when we look at the share count we have 54 people reporting thus far, that are holding 58,000,000 shares

To me it is apparent that there is still a significant short position in TDGI.




Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y