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ChuckD-MSB

03/13/10 10:23 PM

#58761 RE: FFF #58760

FFF, I have seen sub-penny stocks on the naked short list, BEDA is on the list here along with TWLO
http://www.buyins.net/tools/short_list.php?ssd=20100310&dys=%3E0&sort=last&order=0&name=NakedShortListasof20100310

In watching the daily short percentages recently, I dont know how we can go day after day forever with more than 50% of the shares traded being sold short. At some point it has to end.

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Colorado1

03/13/10 11:25 PM

#58762 RE: FFF #58760

They track them all. Check the file yourself.

20100201|076012202|BEDA|51850|BEDERRA CORP NEW COM STK (US) |.

Do a find on BEDA once you have opened the zip file....

The last column is the price. BEDA trades under a .01 per share so the field is filled with a period. People miss this data issue so they look and never see a stock under a penny.....that is the issue. People do not know what they are looking at is the real issue.

Two excerpts from the SEC.GOV site. The link is below so you can read through it yourself. But all FTD's are tracked regardless of price. They make a note that they cannot track the price under a penny so they just substitute a period in that case.

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This text file contains the date, CUSIP numbers, ticker symbols, issuer name, price, and total number of fails-to-deliver (i.e., the balance level outstanding) recorded in the National Securities Clearing Corporation's ("NSCC") Continuous Net Settlement (CNS) system aggregated over all NSCC members.

The price field includes the closing price of the security on the previous day as long as the price is available and is greater than one penny. When the price is not available or is less than a penny, the field is filled with a “.”. Even when prices are included in the data, we cannot guarantee that this price matches closing prices available from other sources.
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http://www.sec.gov/foia/docs/failsdata.htm


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Colorado1

03/13/10 11:58 PM

#58764 RE: FFF #58760

One more way to find sub-penny FTD's

Do a search using the pipe plus a period. "|."

There are a lot of sub-penny stocks on the list.