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I-Glow

08/09/16 5:22 PM

#68681 RE: Mistral #68680

The OTCShortreport is a rag for paid promoters to use to explain the depressed price. It doesn't use short interest - you are confused between short volume and short interest. It uses the meaningless daily short volume.

Nobody cares about publicly provided FINRA Daily Reg SHO data, it is meaningless on it's own. You don't seem to understand the trade cycle and why the daily data is worthless. 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.

FINRA states that in order to ascertain the true "open short" position one should look at the Bi-Monthly short report. It was also stated that any of the daily shorts which were not delivered within the prescribed time would definitely end up on the FTD list.

Here is more bad news - on the OTCM the Bi-Weekly report for CGRA for the 2 weeks preceding July 15th:

Short Selling Data
Short Interest 60 (-99.97%)
Jul 15, 2016
Significant Failures to Deliver No


There were 60 shares shorted in two weeks. LOLOL!!!

IG