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ForReal

03/19/19 7:34 PM

#50310 RE: Stingray #50308

THIS IS NOT GOING WELL FOR SHORTS AT ALL.

A little DD about short positions will dispel the disinformation about short positions. Here is a bit of it..........

Short position data for OTC equity securities must be reported by FINRA Member firms (FINRA Rule 4560) twice monthly. The table below groups securities by the settlement date of short interest reporting. Historical details at the symbol level may be found by selecting the symbol link. For more information on short interest reporting, please go here.

More information can be found here........
https://www.otcmarkets.com/market-activity/short-interest-data

And here.............

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

A brief explanation of the difference........

Why Short Volume is Important


Daily short volume, as reported by FINRA, is very misunderstood. Most people think daily short volume is just that — the volume that bearish investors put on to add to their short positions. A short glance at the change for total short positions reported bimonthly to the NASDAQ debunks that belief. Short volume isn’t the same as short interest.

In truth, much of the short volume is due to market makers selling into the market a few fractions of a second/minute/hour before they close their position by executing a broker order. Due to the fact that market makers cover many of their positions seconds later, much of the short volume isn’t necessarily an indication of useful bearishness. The fact that a market maker is willing to sell and cover seconds later doesn’t do an investor holding the stock for the long term any good. The market maker could be bullish on the stock long term, and still be willing to short temporarily to satisfy a client request. Similarly, many market makers often have to go short in a fast market in order to fulfill their job of providing liquidity. Other market makers will widen their bid ask prices enough to get out of that scenario.


https://www.volumebot.com/why-short-volume-is-important/

The last "Short Interest" for GIFX was 8,620 shares. Another new report should be out within days and I doubt it will be startlingly different.

StockBull

03/19/19 10:33 PM

#50322 RE: Stingray #50308

THIS IS NOT GOING WELL FOR SHORTS AT ALL. THAT LAST PATHETIC PR WAS A RUDE AWAKENING FOR THE SHORTS AS THE PPS BARELY MOVED LOVER. IT'S JUST A MATTER OF TIME BEFORE DOLLARS ARE HERE.



You are correct in that the last PR was pathetic... there are more pathetic ones to come.