OTCPK:EVRM - Post by User
Post by
ThaNcydeRon Apr 06, 2014 8:27pm
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Post# 22418471
EVRM ~ Float is ”officially” gone ~ Informative infoshort #s
EVRM ~ Float is ”officially” gone ~ Informative infoshort #s https://www.otcmarkets.com/stock/EVRM/short-sales
Current Count:
25,887
Here is a little back ground info on how the number
The Short Interest number reported represents a Share Deficit. From how i was explained this means that there is an “official” shortage of shares in EVRM’s Float or shortage of shares available for the public to buy. This means that there is a Failure to Deliver (FTD) of shares that exist.
Short Interest number represents a share deficit in the inventory of shares that the Market Makers have available for the public to buy. The number zero would represent the exact number of the Float or a number of shares lower than the Float that is available to buy. So any number above zero is a really good sign for investors taking long a position in an equity....
This also means that there is NO surplus of shares available for the MMs to use to create and maintain an orderly market. Any sort of of solid update from inside would send this one FLYING