News Focus
News Focus
icon url

gitreal

01/29/14 11:48 PM

#20070 RE: a_p #20069

Well, if it's in the otcshortreport, it must be true - damn shorters.....filthy criminals....., etc., etc. - LOL!

This joke of a mining stock will be back where it started in a few days, and there will be a new crop of stuckholders.
icon url

rbtree

01/30/14 12:18 AM

#20071 RE: a_p #20069

Sorry, but that site does not represent actual shorted shares...and it certainly isn't short interest. You need to learn how trades are reported--only the first leg of a trade is reported. Often, it is an MM going short to facilitate the trade. But that is covered immediately, in most cases.

Common sense indicates that no one would dare to go short when a stock is going up the way this did today. Going forward, if anyone used common sense, they could see that shorting this would be a slam dunk, if there were shares available, or an orderly market for shares. Niether is present, however....imo.

Watch for this to drop back and calm down soon.