Replies to post #1649 on RCMW Group Inc (fka RCMW)

[briarhopper1]

No "palm" the Outstanding share total is: 240,077,760

You said that the short interest shown by Bloomberg is 853,208 that's not calculated to be 3.5% It's not even 1% of the outstanding shares, if that's what you're trying to show us here.

3.5% would be 8,402,721 shares of the outstanding.

So if the short interest is 853,208 that would be .0035% instead of your .035% slightly different by 10X.

I wish the short interest was 8 million plus, now that would be more to our favor for a nice covering rise in PPS when and if the shorters have to cover.

Later,
briar

[Jackroch]

I am a little lost on how you came up with the short interest being 3.5%. Pardon me if this is obvious. I seriously don't understand a lot about shorting.