Social Media Ventures Inc. (SMVI)

[pwrlineman]

Short Sale

The sale of shares of a security that the seller does not own. Such sales are made in anticipation of a decline in the price of the security to enable the seller to cover the sale with a purchase at a later date, at a lower price, and thus at a profit. Securities and Exchange Commission rules allow investors to sell short only when a stock price is moving upward. This prevents "pool operators" from driving down a stock price through heavy short-selling, then buying the shares for a large profit.

Short Sale Rule

A NASDAQ rule that prohibits FINRA members from selling a NASDAQ National Market stock at or below the inside best bid when that price is lower than the previous inside best bid in that stock.

Short Interest

The total number of shares of a security that have been sold short by customers and securities firms that have not been repurchased to settle short positions in the market.

To view short selling of a particular company please visit http://regsho.finra.org/FORFshvol20100816.txt and change the date in the link to correspond with the date to be reviewed. From the list scroll to see if Megola’s symbol MGON is on the list and if so it will show any short selling was done on that particular day.








For Complete Disclaimer, please click here