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Message: Re: Short Sales Today...49,22% .1M Shares!!
8
Jun 03, 2013 04:56PM
"Short Sales Today...49,22% .1M Shares!! "
Hmmmm....Interesting
My source for my posting at 4:56 P.M. EST was your identified source. In fact, I did a cut & paste exactly as it was posted in the OTC Report you cite. See below.
PTSC 0.1166 +13.20%
31.57%
What does this mean?....Apparently OTC Short Sales Report identified another 353K shares shorted later in the afternoon, from 632K to 985K shorts. From now on, I will wait until the evening before I quote the listed source. Lesson learned.
This makes a bad situation worse, IMO. OR, MM's shorted 49% of the volume to keep the price band narrow.
Thanks for the update...Virt
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