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waterchaser

01/04/13 9:25 AM

#54335 RE: beachlifeguy #54334

The most accurate source of short interests is here: http://www.otcbb.com/asp/OTCE_Short_Interest.asp
As of last bi-monthly report SFMI short interest is 85,769 shares. New bi-monthly report due out any day and I don't expect much change.
The source quoted in your post includes unsettled trades and is a moving target.
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Peggy

01/04/13 9:29 AM

#54336 RE: beachlifeguy #54334

That report is bogus. The only accurate marker for short interest in a stock is found at the below link.

http://www.otcbb.com/help/cms_includes/otce_short_interest.stm

Open the link and scroll down. Then enter SFMI in the space indicated. Something around 80,000 shares currently shorted in SFMI. This information is updated twice monthly.

The numbers shown at that other URL include unsettled trades which ain't even the same thing as true short interest.

Glad to clear this up.
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Imperial Whazoo

01/04/13 11:12 AM

#54344 RE: beachlifeguy #54334

Thanx 4 that, beachlifeguy

Good link to keep on the desktop, isn't it? Especially given the power that can get unleashed when somebody begins something like a buy program. A lot of illegal shorting thru Canada (often times) can result in huge upward pressure if one of the rich whales decides to begin a buying program.... hitting the ask rather than waiting for buy opps on the bid.

I appreciate actual facts being posted, such as this one that documents the reality that considerable short activity is behind SFMI's price behavior. Kind of reminds me of the FACTS regarding the documented and consistent 100% positions held in claims on the mountain, as opposed to the erroneous but repeated assertions that SFMI holds an average of 30% only.

I wonder when real facts regarding the water being polluted, a rumor coming from the same source as the erroneous 30% repetuitions BTW.... I wonder when there will be emerging the truth about the water pollution rumor.... and about the road closure rumor.... and so forth?

:o)

Imperial Whazoo

EDITED: catching up on my reading a few moments ago, I want to say thanx to oryx for having undertaken to put the danger of water polution under the lab microscope of facts.... and it looks like the pollution rumor is just that... pure rumor.

Outrageous, LOL.

Thanx oryx