Replies to post #11153 on American Cannabis Company Inc (AMMJ)

[sleekscape]

http://www.otcmarkets.com/stock/AMMJ/short-sales

I've located the most relevant aspect of why AMMJ making the REGSHO list will lead to a short squeeze.

Here it is:

In addition, Rule 203(b)(3) of Regulation SHO requires that participants of a registered clearing agency must immediately purchase shares to close out failures to deliver in securities with large and persistent failures to deliver, referred to as “threshold securities,” if the failures to deliver persist for 13 consecutive settlement days.[10] Threshold securities are equity securities[11] that have an aggregate fail to deliver position for five consecutive settlement days at a registered clearing agency (e.g., National Securities Clearing Corporation (NSCC)); totaling 10,000 shares or more; and equal to at least 0.5% of the issuer's total shares outstanding. As provided in Rule 203 of Regulation SHO, threshold securities are included on a list disseminated by a self-regulatory organization (“SRO”). Although as a result of compliance with Rule 204, generally a participant’s fail to deliver positions will not remain for 13 consecutive settlement days, if, for whatever reason, a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency in a threshold security for 13 consecutive settlement days, the requirement to close-out such position under Rule 203(b)(3) remains in effect.

https://www.sec.gov/investor/pubs/regsho.htm

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AMMJ Short Squeeze Explained

So the MMs will not just be competing with each other to buy shares, but also with retail buyers.

And they will be shorting a lot less, so there will be less downward pressure on the stock exerted by MMs.

So you have forced institutional buying (short covering) + retail buying (AMMJ is in high demand) + minimal selling (who is going to sell before the election?) = HUGE SHORT SQUEEZE

$2+ is coming this week

Sleek