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Re: J Robert post# 57241

Friday, 03/16/2012 1:46:00 AM

Friday, March 16, 2012 1:46:00 AM

Post# of 171358
It is almost midnight here and I finally got a few minuites to catch up on some of the posts and the first thing I read is someone going on about short sales again.....my god, i just can't believe that things like this get posted on the board everyday as if folks believe that someone is shorting a sub-penny stock.....perhaps it would be better to take the time to learn a few things about trading before posting garbage on the board for other noobs to think might be true.....Finra shows a short volume on every stock that trades every day and that is the volume between order date and settlement date.....a huge number of stocks that are traded are not settled on the same date and the settlement date will usually happen within 24-72 hrs....in my case it is 144 hrs from order to settlement....it all depends on how brokerage accounts are set up.....they are not short....in fact there is almost no company that will allow short trading on any stocks under $1.00 and most have a $5.00 limit.....the only possible way for short trading would be naked shorts and I don't think many folks want to risk the money anyway.....RISK vs REWARD, big part of stock trading......GDSM is moving and trading all on its own merits and there is no short position.....so there....

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