/biz/ - Business & Finance

>>23104288
I think all these fat green dildos are regulation SHO FTD market buys

>>23075606
It's happening lads

>>23057155
probably the first of many regulation SHO big green dildos

>>22968724
you are misunderstanding what days to cover means

it's not a timer. Its the SI divided by the average daily volume i.e how long it would take to cover all the short positions in the event of a squeeze

The potential timer right now is the threshold securities list regulation SHO
that ends either tomorrow or monday, depending on how you count the days. It may or may not be enough to trigger a squeeze depending on how significant the naked shorting has been. Numbers for the first half of September were uploaded by the SEC today and are pretty promising, I posted them in a previous thread.

>>22961237
>>22961264
FTD means the share was short sold without arranging a borrow beforehand, i.e "naked shorting"

After 13 days (at the longest) naked shorts have to be immediately delivered via market buy per regulation SHO

when we hit short interest > shares outstanding there was a lot of speculation whether or not this means there was naked shorting.
The S3 guy argued no: https://www.shortsight.com/short-interest-of-float-2-0/ it's just there are more shares floating around because each short sale "creates a new share" so to speak

The SEC data seems to suggest otherwise. If my hunch based on the first half of September is right, then were talking 10-15 M shares naked shorted. That's basically the entire growth in the SI and a fifth of the public float

>>22921828
by most calculations Friday (possibly next monday) is the absolute last deadline forcing market-buying of fair to deliver shares. We've been on the threshold securities list for a while
https://www.nyse.com/regulation/threshold-securities

If naked shorting was indeed intense, that could cause the COOM, but the S3 guy doesn't think naked shorting was that influential
https://www.shortsight.com/short-interest-of-float-2-0/

>>22900841
13 trading days. weekends don't count

>>22889688
>$11 on 10/02
this *might* appreciate in value depending on the exact timing of when naked shorters have to liquidate on friday, if its AH sorry (dunno when that is, regulation SHO just says immediately)
https://www.sec.gov/investor/pubs/regsho.htm

>>22889001
I don't know enough to be able to answer this question
the SEC regulation just says *immediately*
https://www.sec.gov/investor/pubs/regsho.htm