Replies to post #1539 on The Authoritative NSS Page (NAKED)

[patchman]

4kids, just to be clear, SHORT SALE VOLUME does not represent just SHORT SALES. So the fact that the volume rose does not mean the short positions rose, it just means that the methods of trade changed.


On the SEC website they post this data. It is called Fails to Deliver Data. http://sec.gov/foia/docs/failsdata.htm

Now, if the shorts you claim are being made on a daily basis are legal you hve no gripe. If they were not legal (naked short) at least SOME of those massive levels of short sale trades would show up in the FTD data correct? Can you show us where they showed up?

On March 23rd, the day it hit a ten year low of $6.55, the stock traded over five million shares. Short volume rose by 891% to eleven million shares. Nixon said, “We’ve spent thirty years building this company, only to have it destroyed in 45 days.”

Tell me, how does short volume exceed trade volume? Isn't 11 Million greater than 5 million? And if he was talking about short interest, Nixon has no way of knowing when the shorts were accumulated since they are only reported on a bi-weekly basis. Nixon can never correlate a short interest report increase to a specific trade day.

But then those are simply the facts and we understand how facts sometimes get in the way here.