Replies to post #5869 on Radient Pharmaceuticals Corporation fka RXPC

[Gold Seeker]

Bikaver, there is no significant short holdings in this stock. That is just a dream by underwater longs.

Some people are confused as to the method used by the lenders to sell their shares.

1. They send conversion notices to Radient.

2. They sell the shares before the broker gets them.

3. The broker makes a daily report of short sales which includes the shares sold by the lenders.

4. Radient later sends share certificate numbers to the broker and the short position is cleared.

5. The procedure is repeated as often as the lenders desire.