Replies to post #4881 on SilverSun Technologies Inc (SSNT)

[Det_Robert_Thorne]

The shorting is not a big deal

While the daily totals can look lopsided, over a period of days it's not a big deal.

I put together a spreadsheet for the last 35 trading days using the daily regsho reports.

This past week, short volume exceeded long volume by 14.5M shares, but last week, long vol exceeded short by 65.6M shares. The week before that, that ended 2/4 there were 4.9M more shorted then long.

For the five trading days from 2/8 through 2/14, zero shares were shorted, while 44.9M were long, and those should have more than covered the 4.9M from the week before.

Out of the last 35 trading days, 14 showed zero shorted.

Totaled over the last 35 trading days, there were 214.9M more shares long than short.

otcmarkets showed 282 shares short on 1/14/11, and 1.2M shares short on 1/31/11.

By 2/15/11, over 147M more shares had traded long than short.

Per otcmarkets, there have been ZERO Reg SHO Threshold flags since Nov, 2007.

http://www.otcmarkets.com/stock/TYRIA/short-sales


Based on my research, I believe that any possible naked shorted stock is being covered within the 72 hour period before Reg SHO could possibly take place.

It also appears to be pretty easy to borrow 100M shares, short them to anyone willing to buy at the bid, then buy them back at $0.0001 within a few days.

I wouldn't be surprised to see a day next weeks where the majority of shares trade at $0.0001, and one or two where zero shares are are shorted, which will allow any shorted this week to be covered.

I also wouldn't find it surprising to see the short report for 2/15 showing a total of less than 10K shares.