Pan''s Labyrinth

[Pan]

shorts info


related to previous post

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51177787


Posted by: SevenTenEleven Date: Friday, June 11, 2010 8:16:29 AM
In reply to: None Post # of 28942
IHGP - MM's continue to short IHGP, even at these levels, and even as retail customers attempt to sell and exit their position(s). Shorting to cover retail customers' sells may represent MM's selling phanthom shares to cover retail trades, as a result of the retail customers' accounts being empty and void of real shares.

MM's are hoping for a RS and a move back toward $0.0001 were many "could", not that they "would", cover. They are also hoping for retail customers to exit at market or par value ($0.00001) to cover down there at a profit also.

The daily short volume is extremely high the past 2 days:

20100609|IHGP|724820700|832743406|O - 87%

20100610|IHGP|143004897|187802600|O - 76%

Good luck to all still in IHGP. Hopefully our losses are minimalized. And as wishful thinking, something actually happens to move this up.

The following link describes what short volume means and represents from the daily short list.

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

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

Total Volume - Aggregate reported share volume of all executed trades during regular trading hours

Remember, short volume only represents aggregate short volume for that day. Nothing more, nothing less. Short volumes range anywhere from 0% - 100% on any given day and on any given stock.