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Re: None

Tuesday, 06/05/2012 10:46:31 AM

Tuesday, June 05, 2012 10:46:31 AM

Post# of 80983
FINRA is Telling the Truth!
Individuals don't short as is well known, but Market Makers are allowed to have Failure to Delivers (FTDs) under certain circumstances.
Yesterday's FTD report shows 75.8% of the trading was not held in MMs' inventory, "borrowed" against existing shareholder margin accounts, borrowed from other MMs, or pre-located.
Fact, not opinion: FINRA reported 764,317 FTDs out a total of 1,007,914 shares traded on Monday.
Not really a trend?
http://otcshortreport.com/mdmn
REG SHO was implemented to fix a problem that officially didn't exist. Very effective market regulation. Apparently it still doesn't exist, or, at least, was fixed with the REG SHO legislation! lol
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? More importantly, what will those sitting on the sidelines do? The announcement is coming, and then what will be getting discussed here? I coulda, shoulda, woulda???
If you're in, Youre In!
Invested In the Mountain
... and That's What Counts!
easy