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pitadog

06/16/12 1:37 PM

#75037 RE: Joey Coberly #75036

Agree. It would be rare indeed for anyone in the retail sector that would short RFMK. Canadians can't short stocks with a pps below $5.00. Folks in the US would need $2.50 per share of shorted stock in the trading account. Unimcumbered assets...cash money. At $2.50 per share, it would be hard to find anyone shorting here. 1Millon shares of RFMK would take a ton of money.....and that is if your broker would or could find shares to borrow....

That leaves any shorting by brokers and MM's. They could short and MM's certainly have the right to short...even naked short, but in either case, they have to provide the shares for settlement and any that are ftd are reported 2 times per month.

gltu Sir.

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mattysimone

06/16/12 1:51 PM

#75038 RE: Joey Coberly #75036

shorts are gonna burn! MMs have shorted over 100 million shares imo! I was surprised to only see 6.3 or 35% shorted on friday. Next week is a big week! remaining 1500 cannacigs will be in and cannabis cup on the weekend! not to mention possible product placement pr

go rfmk
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DD-214

06/16/12 2:18 PM

#75040 RE: Joey Coberly #75036

that's always a great excuse whenever an OTC multi-billion share stock selling scheme starts to fall apart, imo..

RFMK
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MrDemas

06/16/12 3:23 PM

#75043 RE: Joey Coberly #75036

Wrong. Is all you need is 5K . That's what Fidelity told me. Maybe ya need to do some DD.