Replies to post #156952 on On4 Communications Inc (ONCI)

[BigBadWolf]

Already Verified BS links enclosed again ;-)
e msg# 156821 Date:2/10/2018 1:07:41 PM
Post #156833 of 156973

BS & that has already been refuted & verified ;-)

BigBadWolf Member Level Saturday, 02/10/18 10:53:28 AM
Re: gulf shores man post# 156795
Post # of 156833
Current Short Previous Short Chg % Change from Prev Avg Daily Vol Days to Cover
01/31/2018 On4 Communications, Inc. ONCI 19,472 220,340 -200,868 -91.16 69,183,011 1
FINRA
http://otce.finra.org/ESI

clearly shows 1 day to cover & it is T2 aka 2day settlement
the daily short volume is meaningless on it's own.The Trade cycle is Trade Date plus 2 days for settlement. Daily only shows the First leg of a transaction and doesn't reconcile based upon settlements made seconds later as the trade has yet another 2 days to settle.

http://www.finra.org/industry/short-interest/short-interest-reporting-due-dates

http://www.finra.org/industry/otcbb/otc-bulletin-board-otcbb

btw any other short report data is the daily short volume and it is meaningless on it's own.The Trade cycle is Trade Date plus 2 days for settlement. Daily only shows the First leg of a transaction and doesn't reconcile based upon settlements made seconds later as the trade has yet another 2 days to settle.

hence BS sites like OTCshortreports that are only for the uninformed investing public looking for hope; that is why only FINRA is the Official Short Data to be trusted. FINRA updates their info bi/monthly should the previously recorded data have changed