Medinah Minerals (MDMN)

[easymillion]

Short Sales are not Naked Short Sales:
Correct me if I'm wrong, but, a security shows up on the Reg Sho List not because of daily short sales, or FTDs, but because an MM has failed to fulfill these requirements:


Short Sale Delivery Requirements
(a) If a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency in a non-reporting threshold security for 13 consecutive settlement days, the participant shall immediately thereafter close out the fail to deliver position by purchasing securities of like kind and quantity.

At that time, FINRA reports the daily "short sales" vs trades.

EasyMega$