An-FTD-By Any Other Name Is Still An FTD Technically, you may be correct - the RegSho site lists daily short sales. Consider however:
On Friday, there were 3,100,000 "shorts" reported by FINRA on the daily short report: Date . . Symbol . . Short . .Total Trades 20120712|EVRM|3100000| . 3248057| http://regsho.finra.org/FORFshvol20120712.txt EVRM is not on the Threshold Securities List, and MMs intend to keep it that way, as with many of the pinks, IMO:
While "regular" short shares may be covered in a timely manner, NSS do not get covered in a few days. Has EVRM shown any unusual pattern of "shorts" on higher volume days? Naked Shorts are illegal and not readily "viewable" except by forensic review, which are too costly for most pinks to combat in the courtroom. Use some common sense here. The SEC did not implement Reg Sho because there was no problem with companies being Naked Shorted. It did so to take away the criticism that it wasn't doing anything to regulate Naked Shorts. Let me know if you know of any company that has been prosecuted by the SEC for violating NSS regulations. FINRA does not lie - "the books" often do, IMO. easy