Replies to post #6032 on TransGlobal Assets Inc (TMSH)

[Z62]

They are not filling my order!!!!

[HighPriestess]

No I was not kidding, I called FINRA 2 weeks ago or more and asked about the shorting and the naked shorting. I was told that it was a combination of both. The other poster is putting out false information, the short interest does matter on the daily total especially if it is 100% short. They are all shorted because the MM did not have any shares to fill the buy, so they go short in order to fill the buy. That is what the FINRA person told. I also told if there were possible FTDs on this stock, just not reported yet. He said yes. I asked how that could be, he said that the shares can shift between MMs and this starts the clock over. I asked if that was legal and he said no. That is what I know.

[lmcat]

Why don't they raise the bid instead as well?

The MMs got plenty of shares of TMSH from the past few days and the don't need any. When MMs need/want shares, they raise the bid so people will sell.

lmcat