Replies to post #142058 on GNCC Capital Inc (GNCP)

[BigBake1]

Nothing was actually short, yet again nobody cares about the meaningless data presented in the daily short volume reports, it has nothing to do with an actual short position in this pile of shit scam. Maybe read this recently released FINRA notice on May 10th:  

https://www.finra.org/sites/default/files/notice_doc_file_ref/Information-Notice-051019.pdf ; ;

Or this OTC Markets piece explaining it is in fact meaningless data:  

https://blog.otcmarkets.com/2018/11/13/understanding-short-sale-activity/ ; ;

It is very clear that the data presented represents absolutely nothing of a position taken.  

[TheFutureForsure]

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[cars3]

Great dd here. Thank you for the post. It tells alot about short sales thank you.

[ctrumabll]

Daily shorts are meaningless:

https://blog.otcmarkets.com/2018/11/13/understanding-short-sale-activity/

In contrast, the most frequently misinterpreted data is the Daily Short Volume, sometimes referred to as Naked Short Interest. This data shows the percentage of published trade reports (called media transactions in FINRA Rules) that were marked short. As an example, the recent data for OTC Markets Group shows that up to 90% of the trading volume comes from short

selling on some days. If we did not carefully track our bi-weekly Short Interest, we could easily be led to believe that short selling is rampant in our stock.

Failure to distinguish between short volume and short interest makes one into an ENSSFM conspiracy theorist.