Replies to post #240808 on Plastic2Oil Inc (PTOI)

[arvitar]

Perhaps some folks noticed the trend in the following chart, and thought to themselves: "Hmmmm...the trend is my friend"














SPLAT

[Risicare]

Please explain why 250k has been borrowed from IB the last 2 days. It went from 600k to 500k yesterday and from 500k to 350k today.

Why don't you call them and ask if your interpretation of the meaning of the changes is correct. I explained this before to you and obviously you did not understand.

[loanranger]

I thought that was explained before...maybe you missed it.
The changes in the number of shares available to borrow for shorting purposes don't necessarily result from the borrowing of shares. That number can go up and down for a number of reasons. It could go up because someone bought shares in a margin account....or down if someone sold shares held in a margin account. And yes, it COULD change because someone borrowed some of them to use for a short sale.
There are probably other reasons that that number can change, but I'm not learned enough in the subject to know what they are.