RE: RE: RE: Commodity prices don't matter at thisI don't think actual shares are being sold, but I think the shares are being sold but not delivered, ie, Failures to Deliver. This occurs between brokers, who then put out a "token" of shares required to be delivered. This token can be flipped back and forth between brokers, which in essence, allows them to never cover, but allows a huge amount of shares to be sold short, and never having to be located to borrow for the short. The down side is that this in essence increases the reported shares in circulation causing dilution of the real float with "artificial" FTD shares issued. The only way to get rid of this problem is to take delivery of your share certs, to make sure they're not fake "FTD" shares that you own, but real shares. If you think I'm incorrect about this, check out the site,
www.failurestodeliver.com and type in the symbol AUNFF. If you just total up the FTD's from April '07 to Dec31/08 you'll see there were 11,481,951 shares that were FTD. I don't think there's any one brokerage that could located that many shares to deliver for legal shorts, hence the reason why they're using FTD to keep the stock price down. I hope I'm wrong, but I can't ignore what I see with those statistics reported.