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Wisebuys

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Wisebuys

Re: Ettore Bastianini post# 83569

Monday, 07/08/2013 8:43:43 PM

Monday, July 08, 2013 8:43:43 PM

Post# of 158400
You are correct, retail is not shorting here it is institutional investment groups such as NITE and SUNR that are.....NITE alone does about 20 million dollars in trades a day, so they are certainly able to short penny stocks.....
http://www.otcqx.com/qx/market/marketMaker
Knight Execution & Clearing Services LLC $7,805,593
Today was a slower day for NITE only $8 million in volume not bad....

As an aside note, those shorts are usually not posted till about 6:00 pm EST time. Those figures show selling and covering, and have been quite accurate in the past..........

Much of the run today was mm's buying from themselves, I was watching L2 carefully..............
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