Replies to post #98067 on Imagination TV Inc. (IMTV)

[TenKay]

No...a short sale does not exert a downward pressure unless it is creating a short interest. Why? Because these daily short sales are followed by a related 'buy' so the "pressure" is neutralized. The daily short sale data (high or low) has nothing to do with pps action that day.

If a large short interest was truly being created then you would see that downward pressure but we know that a large short INTEREST does not exist for PNCH.

[janice shell]

It's no wonder the shorts concentrate on running a stock down.

Well, yes. Shorting is, after all, betting that the stock will go down rather than up. But that is not what MMs do. MMs make a market so that YOU can trade, in whichever direction you like. The MM is always on the wrong side of market sentiment: when retail wants to buy, he must sell; when retail wants to sell, he must buy.

As noted previously, that MM is not a troll gunning for the little guy. He's a machine, calculating spreads and trying to beat out the competition for trades without losing money on them.

While news events occur on only 22% of the days in our sample, we find that short positions initiated on these days account for over 45% of the total profitability from short selling.

I don't think you understand what that means. It means that shorts open positions on bad news, and profit by doing so. Not exactly a revelation.

[ilovethedough]

Of course which explains all of the scam, lies and other posts.. to drive the price down. The only thing that matters is that the company has a real product and is currently expanding. Short selling is going to happen, I can respect that, not so much the tactics that people use though...

PNCH!