You are correct Phockeyboy, however these are the trading houses that the short sellers are using . They borrow shares from RBC TD etc. etc. and these trading houses are fully aware of what these shares are being used for, and in some instances it is the bank themselves thats doing the shorting. Remember back when Kherson said he phoned in to change his margin account so that they couldn't use his shares and they told him that they had only for him to call a second time at a later date to find out that they hadn't. They will do anything to use you shares for short selling. It's a billion dollar industry, and we're at their mercy. We buy shares at 2.18 and a minute later they're at 1.90. Pretty good trick if you know how!