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Re: Willy post# 6388

Thursday, 05/26/2011 10:09:03 AM

Thursday, May 26, 2011 10:09:03 AM

Post# of 31714
Willy, that's not an accurate short as what is reported to SEC is different than FINRA the official short list - http://regsho.finra.org/regsho-Index.html

Also, according to OTCmarkets - there was sigificant failures to deliver by the shorts - http://www.otcmarkets.com/stock/CAVR/short-sales

Rule4320 Flag violation states
"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. "

Also to be flagged Rule 4320 here are the tiggers,

* aggregate fails to deliver at a registered clearing agency of 10,000 shares or more; AND
* a reported last sale during normal market hours (9:30 a.m. to 4 p.m., ET) for the security on that settlement day that would value the aggregate fail to deliver position at $50,000 or more.

So the min threshold is 10K - SEC shows only 9,604 - so if that was the case there would not be a flag - just goes to show you that the SEC report is not accurate and there is much more short volume than you think - millions seems to be right