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I-Glow

11/14/14 10:38 AM

#89611 RE: kevindenver #89500

The OTCshortreport is for penny stock pumping newsletters etc to explain the depressed PPS.

They use daily short sales data - and that isn't accurate.

The publicly provided FINRA Daily Reg SHO data, it is meaningless on it's own and promotion websites use it to create false and misleading information. The Trade cycle is Trade Date plus 3 days for settlement, Daily Reg SHO only shows the Initial leg of each transaction and doesn't reconcile based upon settlements made seconds later as the trade has yet another 3 days to settle.

The only accurate short sales data is the FINRA Bi-Weekly report. If there is any NSS it would show up in the Failures to Deliver.

"Short and distort" did you make that up? I like it.
Today was one of the lowest % of trades marked "short" in a long time.

otcshortreport.com/index.php?index=TRTC#.VGVG0_nF-Sq

Plus, you still have to have the margin requirements - which makes shorting a penny stock economically unfeasible.

If I wanted to short TRTC 500,000 shares (first I have to find a broker to borrow the shares from) and then I have to have $1,250,000 in a margin account - and that would be for $167,000 in TRTC stock.

IG