Starfleet Innotech Inc (SFIO)

[Gamma1848]

Nobody is short SFIO.

Nobody is ever short SFIO. The empirical data that proves this is copied below. Short interest data is published twice a month. As of Jan 14 there were 13,401 shares sold short. (0.002% of shares outstanding)

I am highlighting this point because pumpers on this board often accuse those with negative opinions of being short the stock. Just yesterday two longtime pumpers Topdog and EliteYoda accused me of being short the stock. On my phone call with the CEO this afternoon he blamed some of the selling pressure on short sellers.

If you see a poster accusing a negative poster of being a short you should seriously question how much faith you put in the person making the accusation. The same rule should apply to the CEO of the company if he is blaming market activity on the shorts.

In the interest of honest discussion it is important that investors acknowledge that none of the negative posters here are ever betting against the stock for any prolonged period of time. If the negative posters don't have a financial motivation to be negative then it makes it harder to dismiss what they have to say.

In addition to the data showing that nobody shorts this stock logic also shows that nobody shorts this stock.

The reasons why nobody shorts this stock are because:
-The risk/reward is terrible. You would need to have a very high pain threshold to whether the potential upside to try to make less than $0.006 a share
-The margin requirements of $2.50 are too high for any small player to be short the stock. The small potential profits are too small for any big player to be short the stock.
-Because of the margin requirements, even if the stock goes down to zero within a year a short is only making 0.24% on his investment (0.006/2.50).
-The volume is too light to allow for any graceful exit of a large short position.

Market makers are sometimes short a small position in the stock for a very short period of time but they make their money by not taking a position for any prolonged period of time which you can see in the data below.

Only once was there a single short seller in this stock, holding a short position of less than 500k shares on 10/29/10 (less than 0.1% of the float). Note that this was four days after the company released its filing stating that they would be increasing authorized shares by 50% That short seller covered within the next two weeks after the stock fell 50%, a drop NOT caused by the short's presence but by the distribution of tens of millions of new shares onto the market.


http://www.otcmarkets.com/stock/SFIO/short-sales
Date Shares Short
1/14/2011 13401
12/31/2010 13955
12/15/2010 198330
11/30/2010 2000
11/15/2010 9206
10/29/2010 498500
10/15/2010 0
9/30/2010 8622
9/15/2010 145
8/31/2010 50000
8/13/2010 0
7/30/2010 912
7/15/2010 6912
6/30/2010 4543
6/15/2010 0
5/28/2010 5449
5/14/2010 0
4/30/2010 5880
3/31/2010 0
3/15/2010 1053
2/26/2010 0
2/12/2010 2163
1/29/2010 18239
1/15/2010 0
12/31/2009 8357
12/15/2009 3365
11/30/2009 1694
10/15/2009 0
9/30/2009 2788
9/15/2009 3269
8/31/2009 0
8/14/2009 1600
7/31/2009 4251
7/15/2009 0
6/30/2009 39
6/15/2009 0
5/29/2009 185706
5/15/2009 12000
4/30/2009 0
4/15/2009 1
3/31/2009 1
3/13/2009 20801
2/13/2009 1
1/30/2009 1
1/15/2009 1

2. stop short selling to TRY and make a quick $