NEWBIES BOARD

[medic/ff]

I see everyday over and over again posters stating huge shorts on all the penny stocks. I know that is 100% wrong and most of the time they are quoting the following site: http://otcshortreport.com/index.php?index=sndy&action=view

I know it has more to do with shares between brokers like Schwab and E-Trade and nothing to do with shorts.

Example if I sell to you 10 million shares from my Schwab account to your e-trade account e-trade is short the shares until settlement.
If I sell 10 million shares to another Schwab account holder this will not add to that short.

There is a site that shows the real short, but it is always several days behind to be able to show the true short.

I am sure you can provide a better explanation of this site so all will be able to understand.

I see no valid info gathered from that site, I believe it was set up for the exclusive purpose of misleading persons.

I could be wrong. Could you or someone explain the true difference between this site and the real short site.

Thanks....