Lecere Corporation (fka LCRE)

[mysubs]

QUESTION: Has LCRE been shorted relentlessly by MM's? Is it likely that there is an "unreported" short position in the billions. I came across this on another blog.....they can do this by using "ex-clearing."

"The true magnitude of FTDs is obscured by Continuous Net Settlement (CNS), which nets failures against shares held at DTCC. The DTCC’s Stock Borrow Program (SBP) further obscures the truth. Furthermore, the statistics above omit "ex-clearing" —that is, trades cleared directly by brokers bypassing the DTCC. Ex-clearing trades are exempt from the reporting requirements of Regulation SHO.”

http://www.stopmarketmanipulation.org/Primer.aspx

ANOTHER QUESTION: Is it true that if you have a "sell order" on your stock, then your broker can't "borrow" your shares to allow someone else to short? If that's the case, why wouldn't everyone that has a position in LCRE include a sell limit order albeit much higher than the current bid price? Anyone know if that's true??