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Re: Fire Lane post# 191550

Friday, 12/16/2011 7:45:31 PM

Friday, December 16, 2011 7:45:31 PM

Post# of 221984
FINRA states that the SHORT VOLUME FOR FFGO WAS 91.2% for the year of 2011.. Where do you get zero? Reg Sho quit reporting the Bi-Monthly numbers over a year ago while FINRA kept right on posting them.. So might want to go back and check the facts. Here is a sample.. Notice that FINRA basically states that Reg Sho is a sham and not the 100% place to get reliable data..

RM

20111003|FFGO|500000|0|500000|O 100% SHORT VOLUME

20111004|FFGO|2000000|0|2000000|O 100% SHORT VOLUME

20111005|FFGO|310000|0|590000|O 52.5% SHORT VOLUME

20111006|FFGO|600000|0|1600000|O 37.5% SHORT VOLUME

20111010|FFGO|100000|0|100000|O 100% SHORT VOLUME

20111012|FFGO|2010000|0|2390000|O 84% SHORT VOLUME

20111013|FFGO|2999999|0|2999999|O 100% SHORT VOLUME

20111014|FFGO|4000000|0|4000000|O 100% SHORT VOLUME

20111018|FFGO|8000000|0|11000000|O 72% SHORT VOLUME

20111019|FFGO|1000000|0|1000000|O 100% SHORT VOLUME

20111026|FFGO|2150000|0|2150000|O 100% SHORT VOLUME

Total = 86% SHORT VOLUME for the month that it traded on the Grays.. All of 2011 is 90% real close SHORT VOLUME per FINRA DAILY NUMBERS whereas, REG SHO BI-Monthly Reports quit reporting last year in August at the time of FFGO and NMGLs last 8k..

Keep in mind HGLC is still not revoked and is on the GRAYS, yet REG SHO BI-Monthly reports are still active and recent.

http://www.otcmarkets.com/stock/HGLC/short-sales

http://www.otcmarkets.com/stock/FFGO/short-sales

8 Certain OTC transactions (e.g., riskless principal and agency transactions where one member is acting on behalf of another member) are reported to FINRA in related tape and non-tape reports. Tape reports are submitted to FINRA for public dissemination by the appropriate exclusive Securities Information Processor (“SIP”), while non-tape reports are submitted to FINRA, but are not submitted to the SIP for public dissemination. FINRA will not be including non-tape reports in either the daily short sale volume file or the monthly short sale transaction file. Accordingly, in those instances where the short sale indicator is only included in the related non-tape report, the short sale data published in the daily and monthly files may be under-inclusive. Similarly, the published figures will not include odd lots since these transactions are not disseminated to the consolidated tape.



11 While members generally are required to report trades in equity securities to FINRA within 90 seconds, a firm could improperly delay reporting of short sales until well after the close, which would result in the under-reporting of over-the-counter short sale volume. Delaying the reporting of trades for such a purpose would be considered a violation of the applicable trade reporting rules and Rule 2010 (Standards of Commercial Honor and Principles of Trade).



http://www.sec.gov/rules/sro/finra/2009/34-60807.pdf

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