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Re: Pecuniam post# 25399

Thursday, 05/12/2011 9:54:04 PM

Thursday, May 12, 2011 9:54:04 PM

Post# of 95214
Regarding the short sale data, does it ONLY report short sales (that is selling shares that are NOT in your possession in any way), or does it also take into consideration the sale of securities for which the purchase has yet to settle? A few times I have traded PSPW and had my sale report as a short sale until my original purchase had settled.

For example, I held shares in XXX and sold to get into PSPW that same day. The next day I was up 20% and sold my PSPW position. The resulting sale showed as a short for 2 days. Could it be that those trading the stock, that is, buying and selling same day and thus trading unsettled shares, is inflating the short sale data?

I apologize if I'm completely off the mark here, but I'm simply making observations based on what has happened to me personally while trading PSPW.

I appreciate any and all information that you/others can provide to help me further understand EXACTLY what is represented in these values. smile