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Re: rivervalley post# 2009

Tuesday, 05/14/2013 7:48:00 PM

Tuesday, May 14, 2013 7:48:00 PM

Post# of 82575
FINRA Short Interest Report:

The two biggest misconceptions in penny stocks:
1. Penny stocks trade after hours (I see prints!)
2. The daily FINRA short interest report represents the number of shares that were shorted that day by the evil shorters in their vicious attack against the innocent public company in question.

For explanation of FINRA daily short interest data see http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57101068

Brokers are required to report short positions on a bi-monthly basis. So how can real short position data be available daily? It isn't!

http://www.finra.org/Industry/Compliance/RegulatoryFilings/ShortInterestReporting/P037072

The latest short interest report for OTC stocks is as of April 30. As TALK has only traded since April 25, there is not yet any published short interest data for TALK.

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