Replies to post #99530 on Anavex Life Sciences Corp (AVXL)

[riaguy]

A question: since naked shorting is essentially a "fail to deliver", how does naked short report website determine what is actually naked shorted shares. SEC says delivery must happen in T+3 so there is no way to determine what is naked shorted until three days after trade date. The SHO report only shows fail to delivers that are 30 days or more past due.
I'd like to believe that naked shorts can be discovered more quickly but I'll have to see more of the website's methodology. If their methods are credible, I'm sure that the SEC would welcome some of their reports. Naked shorting is basically counterfeiting and desperately needs to be curtailed.

[stealthways]

Thanks for the useful DD ... seems like the "powers" especially try for painting red closes, and multi day bleeds, when there is good news or good sentiment in the air (been like this ever since the uplist) .... sad but amazing how well it seems to hold things down...
Notice that there is little written publicly (with author's name present) bashing the science these days... ..the only science bashing now seems to be on anonymous forums .....

[123tom]

Very interesting web site and data....
thanks for that link.
much info to analyze.

looks like the entire area of resistance from 5.80-6.30 was attracting short interest.
funny that today was the highest % naked shorting. would we get a plunge tomorrow? not sure how to interpret all of it.
looks like 30 % at the resistance peaks around 6.05/5.88/6.30 all generated a downwave. lots of interesting data to chew on. but today, on low volume, the highest % ,curious.
could it mean the bleeding down might stop here? and we get a bounce. and then will be interesting to see what the short interest is again when price bounces back into the resistance zone (5.80-6.00)
This data looks interesting to study. I wish I had more experience with it.

look at this one too...
http://nakedshortreport.com/?index=XBI

[FooBarAndGrill]

re. "half of todays volume was naked shorting"

A class action case against a broker(s) for enabling this naked shorting would be based on this recent SC decision.
https://www.supremecourt.gov/opinions/15pdf/14-1132_4g15.pdf

[Phoenix64]

I thought naked shorting of a company shares is illegal.