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Warmy

06/17/13 10:26 PM

#94129 RE: BuyLowSellHigh #94109

And that's one reason we didn't move. Need to burn the shorts and make them buy higher.
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Montanore

06/18/13 12:27 AM

#94136 RE: BuyLowSellHigh #94109

You just linked to THE most widely misunderstood thing on Ihub. That link shows MM unsettled revolving door stuff. NOT short interest. It's short interest that matters, not intraday share shuffling.

There will be no short squeeze here because nobody is shorting.

http://www.otcbb.com/help/cms_includes/OTCE_Short_Interest.stm?symbol=gdsm&SettlementDate=05%2F31%2F2013&View.x=-267&View.y=-1473

Short squeezes are largely a myth with pink sheets and OTCs.
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1manband

06/18/13 12:33 AM

#94137 RE: BuyLowSellHigh #94109

48% shorted today.



Wrong. That is not what that means. Most trades in penny stocks, especially ones that are undergoing dilution (like this one) are marked "short". That does not mean it is a short sale. It just means that the MM making the trade does not have the stock in inventory, so by regulation, the trade is marked "short". 99.99% of those trades are immediately (within a second or so) covered by buying stock from another MM. A MM marking a trade "short" is NOT short interest, and they make sure they have no short position by the end of the day.

That website you list is worthless. It is a for-pay promotional website that publishes bogus numbers in order to drive traffic and obtain advertising and promotional dollars. It is not factual. The only short-interest website that is factual is FINRA's. And they show ZERO short-interest in this stock. Not a single share.

http://www.otcbb.com/asp/OTCE_Short_Interest.asp