Tronox Inc. (TROX): uhlmant, tronox isn't being shorted T...

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pinkyringcapital

Re: uhlmant post# 3183

Wednesday, 05/19/2010 7:53:10 AM

Wednesday, May 19, 2010 7:53:10 AM

uhlmant, tronox isn't being shorted

The data you are looking at is likely not reporting true short sales vs total sales for the day. Many market makers will handle the trade as a "riskless principal" transaction. I have posted about this here http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49221352

As of April 30 the short interest in TRXAQ was about 5,000 shares
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=trxaq

TRXBQ at April 30 had about 11,000 shares short
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=TRXbq

Hope this clears up a massive misunderstanding of the FINRA data.

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