Amarantus Bioscience Holdings Inc (AMBS)

[sevenOdouble]

Sorry bro but thats a misconception, or urban myth, whatever you want to call it. The FINRA RegSHO #'s cannot be relied upon, nor any websites that utilizes them as a tool or measurement of knowing how many shares are effectively shorted! The only reliable source is the bi-weekly short #'s on the OTC & the FINRA board: http://www.otcbb.com/asp/OTCE_Short_Interest.asp (scroll to the bottom, or hit 'End' & type in the ticker of your choice)

When a trade is made shares have to be cleared (T3) and shares that are not cleared at the end of the day end up on the RegSHO as being short, but in fact they're just shares long waiting to be cleared. Thats why the RegSHO is always so bloated, and therefore cannot be relied upon to give you an accurate picture of how many are effectively shorted. Never! Just to give you an example, not so long ago I saw a stock with 100k volume and somebody posted the RegSHO as 'alleged' proof of how many shares were shorted and the (false) short #'s showed 130k. Pretty hard to short 130k shares when there was only 100k volume that day. Having said that, this doesn't mean that retail & MM's shorts don't appear among those #'s, because they do, but since unsettled trades end up designated as shorts as well one can never be sure how many shares were really shorted. FINRA should do something about that so traders/investors have a better mean of assessing the effective amount shorted at any given day, because the bi-weekly report isn't really useful either since it trails more than 14 days...