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Replies to post #10290 on Cuentas Inc (CUEN)

Replies to #10290 on Cuentas Inc (CUEN)
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FreeBird

05/20/14 9:22 AM

#10291 RE: mulder35 #10290

I hear you, NITE Needs to cover NYBD, they screwed themselves.
O/S is just over 1 Billion, 2.5 billion traded this month, and over 1 billion shorted.

the numbers aren't adding up..
I am holding on. I am not selling to NITE.
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MommaSaid

05/20/14 9:25 AM

#10292 RE: mulder35 #10290

As long as the company keeps increasing the AS and there are outstanding convertible debentures, shorts will always win
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Sccrbrg

05/20/14 10:04 AM

#10297 RE: mulder35 #10290

There probably is a high short interest. But I'd be surprised if it was that high.

Most of those sites that report daily short interest are wrong - because they can't account for how a lot of the trades are made.

A lot of the time normal buys and sells are recorded as shorts on those sites because market makers will routinely sell shares a split second before they acquire them making it show up as a short but in reality it's just regular old selling/buying action. IMO the thing to watch out for is significant failures to deliver.