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Re: Zitroja Group post# 61011

Wednesday, 06/15/2011 7:24:44 PM

Wednesday, June 15, 2011 7:24:44 PM

Post# of 86719
Reg Sho explained to roach in a past post....here's what it really means. Nobody is shorting this...
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You should do some research on the FINRA Reg Sho figures. They actually represent "instantaneous shorts", when a MM sells shares ahead of having them in inventory. This is the norm for pinkies. Virtually all show big numbers in that situation, especially when there's massive dilution. MMs know they can cover the short minutes or even seconds later. MMs don't want to be caught long with inventory in a stock like DKAM and they know there's plenty of supply available at lower prices.

Here's where you want to look to see the real short picture.
http://www.otcmarkets.com/stock/DKAM/short-sales

DKAM actually has a (relatively) large short position at 5/13, no doubt because of the run. Still, it's less than $1,000. The way to tell that the FINRA daily figures are meaningless is by looking at the "Reg SHO & Rule 4320 Status". When there's a significant remaining short position after the settlement period, the stock gets on the Reg Sho Threshold Security list. You'll note that DKAM hasn't been on since Jan.

Hope that helps.