Replies to post #21922 on PCT Ltd (PCTL)

[nybull29]

looks like smart shorters are covering their positions.

[cjstocksup]

There are no real shorts in penny stocks. Some will claim to short as scare tactics or blame others for shorting when some penny stocks go down. If you have a good stock that drops it can be profit taking and many other things but there are almost nil short in any penny stocks. Shorting penny and especially sub penny stocks is a complete myth most do not understand. It is a shame you read about shorts and there really are none as far as penny stocks go! ABSOLUTELY ALMOST NONE, NIL IN ANY PENNY STOCKS. It would also cost $2.50 to short a single share of any penny stock and most will not spend a quarter million dollars to short 1 million shares of a penny stock. Here is the correct link to Finra. These are the real short numbers and they do them every 2 weeks. The OTC daily site is scam numbers. Most stocks are manipulated by flip traders or those who missed the boat. Most of those daily numbers are dilution or profit takers along with panic selling on red. You will also see that if you go to any penny stocks board over time you will see the same. No real short positions. Type in any penny stock symbol when you get to the front page. https://otce.finra.org/otce/equityShortInterest
http://otce.finra.org/ESI

[cjstocksup]

This is not a legit source for any real shorts. There are non at the SEC site. This is mostly a daily buy and sell link and when there is dilution they will use sell volume as shorting. The OTC has no real short data. Shorting penny stocks is a myth.

Short volume for Fri - 7,151,315
% of Vol Shorted - 33.40

https://www.otcshortreport.com/company/PCTL