Cascadia Investments (CDIV)

[timmyjames]

Clarification about short volume on CDIV:



As we have seen, a bit of poor reporting has claimed only 100k shares of CDIV have been shorted.

1. The claim cites www.pinksheets.com

2. pinksheets last updated their "short" info about CDIV Feb 12, 2010

3. CDIV is also listed as "pink sheets limited information" on said website, meaning, they only have limited information

4. Enter FINRA - What is FINRA?

The Financial Industry Regulatory Authority (FINRA), is the largest independent regulator for all securities firms doing business in the United States.

(more: http://www.finra.org/AboutFINRA/index.htm)

5. FINRA produces a short list daily

(link: http://regsho.finra.org/regsho-Index.html)

6. What does the short list show?

Short Volume: Aggregate reported share volume of executed
short sale trades during regular trading hours

links: http://regsho.finra.org/regsho-Index.html

http://regsho.finra.org/DailyShortSaleVolumeFileLayout.pdf

7. From Feb 1st to Feb 12th: 7,529,506 shorted

Date|Symbol|ShortVolume|TotalVolume|Market

Mon 1 - 20100201|CDIV|316589|794967|O

Tue 2 - 20100202|CDIV|129842|405656|O

Wed 3 - 20100203|CDIV|55200|120300|O

Thur 4 - 20100204|CDIV|1300|5900|O

Fri 5 - 20100205|CDIV|1150295|3247302|O

Mon 8 - 20100208|CDIV|1441953|3624721|O

Tue 9 - 20100209|CDIV|1016131|1998545|O

Wed 10 - 20100210|CDIV|1590270|3400825|O

Thur 11 - 20100211|CDIV|1018518|2563184|O

Fri 12 - 20100212|CDIV|809408|1760521|O


8. Who has the more complete information? pinksheets or FINRA?

CONTINUED: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=47176371