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Dhoraji

04/27/16 9:32 AM

#107937 RE: AlanC #107936

Please, keep on posting THE TRUTH,
ONE A DAY!!!!!!!!! It's enough!!!!!!!!!!!!!!

Eli's Gone

04/27/16 10:46 AM

#107938 RE: AlanC #107936

It is impossible to "document" a naked short position at the end of a trading day from any data publicly available--especially the FINRA Daily Short Report...

100% numbers(or any %) on that FINRA Daily Short Report do not necessarily indicate a short position at the end of the day...

Understanding trade transactions and these two docs may help:

https://www.sec.gov/comments/sr-finra-2009-064/finra2009064-1.pdf

https://www.securitieslawyer101.com/2016/when-shorts-hit-cannabis-stocks

here is a numbers example:

Trader A has 100M shares for sale at the ask.

Trader B enters a buy order for 100M shares at the ask.

If this trade cannot be transacted at the broker level internally, the MM will fill B's buy order short.

The MM will then immediately buy 100M shares from A's sell order.

The tape will print 100M.

The Finra Short Report will reflect 100M shares short (100%)

There is no open short position in this example or on any cold winter's day--nor will there be any fails-to-deliver...

The MM will be flat i.e. no position

ps...trades usually happen in this sequence because the MM holds no inventory of junk stock-nor do they undertake any risk by holding this junk even momentarily...

ps2...the trade also happens this way if the 100M shares seller is hitting an order at the bid---it's called riskless principal and happens all day every day...

ctrumabll

04/27/16 11:22 AM

#107939 RE: AlanC #107936

A few of us documented the NSS on one of the sisters for over a year.

A few of you misunderstand the significance of the FINRA dailies. Since your error has been explained to you hundreds of times at this point, you have crossed the boundary from naivete to intentional wilful denial of the truth.

A few of you persist in this untenable belief that the FINRA biweeklies, which FINRA says are what should be relied upon to show an actual short position, are completely unreliable, while the FINRA dailies, which FINRA itself says cannot be relied upon to show actual short positions, are conclusive and irrefutable proof of the ENSSFM.

The "sisters" were all scams, pulled off by Lumb and his South African and UK pals. Believing in the ENSSFM goblins will just make you more likely to invest in the next scam. And your "cold winter day" was someone dumping their ill-gotten shares on some unfortunate bagholders for a tidy profit.

BigBake1

04/27/16 4:42 PM

#107945 RE: AlanC #107936

FINRA provides no such information on NSS. Not even the SEC does for that matter. FINRA daily report is not developed for the SEC. So nothing factual stated in your post...yet again.