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Monday, May 14, 2012 6:28:25 PM
you would see it at the end of the day on FINRA because the short interest would have to exceed the total share volume for the day and thus the "days to cover" would be greater than one. (This is admittedly oversimplified)
But of course this begs the question about why an MM would bother to do such a thing anyway on a stock trading at approximately .013 day in and day out?
Nope, even if the MM's had any desire whatsoever to screw around with such a low-priced, thinly traded stock, they would quickly abandon it to seek out juicer targets.
All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. - Arthur Schopenhauer (1788-1860)
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