Tytan Holdings Inc (TYTN)

[Joe1979]

This is a post from you from the board shorts exposed... I guess I stand correct on what your doing on this board.




noquit Share Monday, October 04, 2010 5:44:42 AM
Re: cleangold post# 1121 Post # of 1169

The bi-monthly or is it bi-weekly list only shows what was covered and what was not.

No accuracy at all.

The Daily List of Legally Executed Short Sales is the official list that FINRA goes by, and we do too.

Who cares whether or not the short was covered, as the only important data is that it was shorted that trading day.

For example a stock I am in had news of a record contract they had been trying to get for over a year.

147.9 Million shares Bought

..67.0 Million shares Sold (regular sells)

148.0 Million shares shorted

Suffice to say the stock on such record fantastic news barely went anywhere because of the massive shorting.

So who benefitted the most ?

Institutional shorting done by brokerages and people that were allowed to openly LIE against penny stock companies for them to fail for the short positions to prosper.

Works both ways too.