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Re: kingpindg post# 277070

Saturday, 08/10/2013 12:25:24 PM

Saturday, August 10, 2013 12:25:24 PM

Post# of 360992
I tried at least a dozen companies where I know there is a short interest and each and every one of them showed the amount of the short interest outstanding. As you said, it is a NO BRAINER that companies like ERHC with no short interest or no change to their short interest show no activity. The file released by FINRA on a bimonthly basis ONLY shows the changes and anybody with any knowledge of the subject can access that file directly. That is the source for ALL the websites that do this reporting. Every company with activity is reported at the same time by FINRA.

I have no idea why false information about ERHC having a large short interest is being vigorously pushed on the internet. But I now think it is an intentional attempt to harm the company and scare investors away. It might be working judging from the share price. Looking at the shorting data it becomes VERY obvious that 100% of the shorting is being done by the market maker so they can facilitate trading in this stock. That is why there is no short interest on the reporting dates.