Replies to post #30236 on ML Capital Group Inc. (MLCG)

[TenKay]

The "data" on OTCSHORTREPORT is the short VOLUME data that FINRA publishes daily. It is not short INTEREST.

The short VOLUME data is meaningless in the OTC. I could go into a detailed explanation as to why, but no one can determine or even estimate the amount of open short positions created....which for OTC issues is usually ZERO 99.9...% of the time. And it doesn't matter if the short VOLUME % is 1% or 100%.

It is nothing more than a mark of ownership on the first leg of a transaction...almost all of which are long transactions.

That "data" is the most misunderstood and misrepresented information in the penny world.

[moneybags888]

Im inclined to agree with the bulk of your assessment, personally i think its a company run by bimbos who like to run around Hawaii in a big van high as a kite on pot brownies and maybe with a little luck they'll get high enough to forget to dilute sometime next month or so and let this run up a bit so i can make enough to buy my own brownies, and i could care less about lectures or classes on tenkays interpretation of shorting. He most likely knows better than anyone what it means to be short. Good luck !