Replies to post #125308 on Fortress Financial Group fka FFGO

[Fire Lane]

ffgo has not been shorted. the short interest from FINRA is ZERO

[jufel]

Seven where did you get those figures: "By DTC = 44 B and floating = 12 B"?.

Sorry to ask but I've been quite busy lately and dont have time to browse thru all the posts.

Thanks in advance!!

BTW if those figures are right then we will have BBQ party for sure even when the negativity around denies it !!!

[awesomebummer]

Whether right or wrong...


your bold optimism is appreciated!

Quote: "FFGO has been shorted to the point the A/S may have been breeched. It clearly appears the DTC has 44B shares "free" trading in street accounts, while there are only 12B shares in the float. What a mess for NITE, the most notable short seller in the market. They could be paying $100M or more to shareholders of record if the dividend is indeed cash. That or cover the shorts. May be cheeper to just pay the dividend than force a short squeeze to many multiples of that number."


'Bummer.

[TomSawyer]

Seven, I understand. But if shorting didn't exist.. a stock would still go up and down as people buy or sell.

In other words, a stock would move up or down based on "demand & supply, and performance" and nothing else. Currently stocks go up or down for tons of reasons, and mostly to fraud/manipulation. Today's investors are greedy. More about getting rich quickly, then truly investing.

I think banning shorting would allow everyone to make more money, instead of the usual short/long fights that gets us all nowhere. AND it would reduce ways that a stock could be manipulated.