Friday, February 10, 2012 5:57:38 PM
20120209|EGOC|71554432|0|132531373|O"
February 2012 Reg SHO Daily Files
To view the DAILY SHORT sale volume click here:
http://regsho.finra.org/regsho-Index.html
(note EGOC is listed under the heading ORF )
Pursuant to a Securities and Exchange Commission request, FINRA has agreed to make reported short sale trade data publicly available. Daily Short Sale Volume File formatting guide. Please note that in rare instances, files may be updated on the next business day. Original files will be retained and updated files will be identified as "Updated".
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And here's another explanation of why some people pretend otherwise:
"There also may be instances where a company or paid individual provides false and misleading excuses for why a company's stock price is going to decrease.
For instance, these individuals may claim that the price decrease is a condition resulting from the improper promotions, dumping or that it's a scam. These individuals may hope to use this misinformation to move the price down so that they can load up and sell at much higher prices when the stock goes back up, or to help them cover their short positions for a profit.
Often, the price decrease is a result of manipulation by financial institutions, or short interest holders selling a portion at a loss to move the PPS lower so that when they cover rather than the reasons provided by the individual or website."
The real naked short interest on EGOC is likely to be insignificant if any.
SOURCES FOR MORE INFORMATION
(http://www.sec.gov/spotlight/shortsales.htm
http://www.sec.gov/divisions/marketreg/mrfaqregsho1204.htm
http://www.sec.gov/foia/docs/failsdata.htm
http://www.investopedia.com/articles/analyst/030102.asp#axzz1m1OzJNH7
ALWAYS DO YOUR OWN DUE DILIGENCE, DO NOT ALWAYS RELY ON INFORMATION POSTED ON MESSAGE BOARDS BY ANYONE NOT EVEN ME.
MAKE YOUR OWN CHOICES IN BUYING OR SELLING.
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