Fortress Financial Group fka FFGO

[underdog150]

OldBen, when someone put in a trade to buy 10 million shares FFGO stock at the ask, how do you think the trade got filled in seconds after someone placed it?
This stock had 8 MM's before it was revoked, which means all trades were routed to them and your broker had no idea which had 10 million available to cover your trade. If your broker routed your trade to nite, and he only had 3 million shares available, golly gee, your trade still filled in seconds because he is a listed FFGO MM. Now nite has to contact one or more of the other 7 FFGO MM's to cover your trade, and here is the important part, it is listed as SHORT, because nite only had 3 million shares available at the time of that trade. All these trades are covered within minutes or hours, but they will still show as a short sale because the MM was short at the time the trade occurred. The daily short list promoted on many boards as an actual short is nothing more than a promotional tool.
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The problem with the position that FINRA numbers are misinterpreted and misunderstood is the assumption that conditions surrounding supply and demand are always the same. The assumption for short numbers not being short numbers goes something like this. There is never any shares available to "sell" to a buyer, so, our good friend, the market maker, has to labor to borrow shares and buy them back when supply becomes available. Since, the market maker had to borrow the shares they are recorded as short volume.

Under this theory, you might assume that since short volume is 90% that 90% of the time, market makers borrowed shares. You should see days where there were plenty of sellers, so, market makers had no need to borrow shares. Those days there would be 0% short volume. Are there many or any days with 0% short volume. Every day there is a battle between buyers and sellers. Buyers win some days. Sellers win some days.

If buyers win every day and there are no sellers and market makers have to borrow shares to sell to the buyers, WHAT SHOULD HAVE HAPPENED???

What should have happened is the price should have went through the roof. The price should keep rising until sellers begin to appear. The only thing that stops that cycle is naked shorting.