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Re: herbieholt57 post# 22802

Thursday, 03/25/2010 9:35:31 AM

Thursday, March 25, 2010 9:35:31 AM

Post# of 55140
the important thing to keep in mind about these numbers (which are required by the SEC to be posted each day by MM's), is they represent the daily trade book and not necessarily the actual number of shares shorted on the company. Many of the shares represented in these daily posted numbers are related to "unsettled business" rather than actual short shares that can be counted in the monthly A or B posting. Again, these numbers represent an aggregate of MM's daily trade books where not all transactions were completed.

As far as how many shares may be short. Through experience I have learned to say, you will never know exactly. True, the SI A&B each month tells a certain story, but what's usually more hurtful to a stock long on the short side is what is not able to be truly quantified, and that's nakeds. And esp. when you are dealing with OTC and non-fully reporting status companies (esp. say through the Pinks short reporting link on each ticker--this for sure cannot be trusted as accurate imho). Basically across the board and on all Exchanges, there is a lot of room for shenanigans. What I always find as a better gauge is watching daily action, seeing what the charts record, etc... Most times you know through this data what is going on with your stock. There are always some shares short on every stock. And the main catalyst that unwinds shorts and/or prevents your stock from becoming an easy target to be held down, is great company performance. That is the best can of "manipulator-be-gone" out there. The formula is simple in this game. If you as a public company can prove performance of product, services, the top and bottom lines, your stock will go up. I think in this case, having the stock holding a steady support for so long is saying the story. The belief is there by many key players. All that's been missing is the proof. The stock has been saying this now for a while. gl