TTI CEO welcomes short selling
11 February 2011 Tampa
Image: Shutterstock
TTI Corp. announced that stock volume is at record levels due to fundamental developments and ascertaining Bulletin Board listing and also announces record setting short position volume.
"I am extremely proud of our most recent fundamental news announcements released over the last couple weeks. Our bed bug releases combined with our announcement on utilising SEO and SEM technologies to aggressively ramp up online sales over the course of the next few months as well as ascertaining Bulletin Board listing with FINRA has the market place very excited apparently," stated Chris Trina, CEO of TTI Corp. Trina added: "TTI Stock has traded record volume this week of nearly l00 million shares with a total float in our stock of approximately 79 million shares which has created a very large percentage short position recorded daily with FINRA.
"This short position of nearly 30 million shares surprises me quite frankly. I'm confused and unsure about what they are betting on." Trina further commented, "I welcome this 30 per cent short position with open arms as long as these short sellers and traders comply with SEC. REGSHO then I'm totally fine with it. It's part of our marketplace and short selling is inevitable. I've learned in my 20 years plus on the brokerage side that short sellers can be your worst enemy but quickly become your best friends. As the CEO I must protect our shareholders' interest as best possible but most importantly continue to execute our business plan to the fullest and make our company grow exponentially.
Trina ended by saying, "In my humble opinion there is huge disconnect from our current stock price and where it should be fairly traded at and I'll continue to work diligently for my shareholders to increase stock valuations and to show strong fundamental reasons for short sellers to cover their positions and stay away from our stock."
"I am extremely proud of our most recent fundamental news announcements released over the last couple weeks. Our bed bug releases combined with our announcement on utilising SEO and SEM technologies to aggressively ramp up online sales over the course of the next few months as well as ascertaining Bulletin Board listing with FINRA has the market place very excited apparently," stated Chris Trina, CEO of TTI Corp. Trina added: "TTI Stock has traded record volume this week of nearly l00 million shares with a total float in our stock of approximately 79 million shares which has created a very large percentage short position recorded daily with FINRA.
"This short position of nearly 30 million shares surprises me quite frankly. I'm confused and unsure about what they are betting on." Trina further commented, "I welcome this 30 per cent short position with open arms as long as these short sellers and traders comply with SEC. REGSHO then I'm totally fine with it. It's part of our marketplace and short selling is inevitable. I've learned in my 20 years plus on the brokerage side that short sellers can be your worst enemy but quickly become your best friends. As the CEO I must protect our shareholders' interest as best possible but most importantly continue to execute our business plan to the fullest and make our company grow exponentially.
Trina ended by saying, "In my humble opinion there is huge disconnect from our current stock price and where it should be fairly traded at and I'll continue to work diligently for my shareholders to increase stock valuations and to show strong fundamental reasons for short sellers to cover their positions and stay away from our stock."
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