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Re: None

Sunday, 06/03/2012 7:44:44 PM

Sunday, June 03, 2012 7:44:44 PM

Post# of 80983
What's Telling For Me-There Is No Shortie!
Individuals don't short as is well known, but Market Makers are allowed to have Failure to Delivers (FTDs) under certain circumstances.
Friday's FTD report shows 56.6% of the trading was not held in MMs' inventory, "borrowed" against existing shareholder margin accounts, borrowed from other MMs, or pre-located.
Here's a fact, not opinion:
FINRA reported 952,601 FTDs out a total of 1,683,513 shares traded on Friday.
Probably just an isolated incident, right? Not really a trend.
http://otcshortreport.com/mdmn
OK, I'm sure it's just to increase liquidity allowable under SEC exemption rules, since trading shares that aren't readily available as a strategy to manipulate share price is clearly illegal by MMs.
What will MMs do when the funding announcement for ADL comes and assay reports for LDM are made available? No worries there! You may want to mark this post too! lol

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