Replies to post #82950 on Starfleet Innotech Inc (SFIO)

[lex_xxx]

Someone is naked shorting the heck out of this as we
have seen.

Yesterdays Naked short volume is interesting. Covered shorts have dropped to 19,400 but over 60% of yesterdays volume was naked shorts but the gap to cover dropped substantially. IMO, this is an interesting divergence since it suggests that in spite of a greater number of naked shorts are reported for Friday, the gap to cover was reduced. Much of the naked shorts discrepancy was covered on the big walk down on Thursday. The new naked shorts made on Friday won't have to be covered for 3 days. There are 300k shares available to borrow so, the 600k gap is manageable if you are the one that sets the bid and ask and you can cover at the bid.