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Re: DojiMan post# 7334

Wednesday, 05/23/2012 1:44:20 PM

Wednesday, May 23, 2012 1:44:20 PM

Post# of 8705
this is beyond pathetic:

There is plenty of shorting going on here. And the ones that suddenly show up posting stuff like "Shorting is illegal", and R/S is coming are the ones doing it.



ISIM is a garbage PinkSheets stock....it's non-marginable....

non-marginable stocks can only be shorted by licensed traders (MMs)........not by you and the general public....

so, this is completely incorrect:

And shorting is not illegal. It happens on just about every penny stock every day.



next....MMs don't short and cover (or else they are fired for stupidity).....

MMs short only after they have the order to sell the block of stock (the MM buys from seller)...so, effectively, they know their average cover price before they sell short....(if they did it the way you think they do, they'd be stuck in this stock just like you and me)....

lastly.....do some research and find out how short volume is collected and reported by blogs such as http://www.shortvolume.com/ ......then, get back to us...

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