caters to dark pool
i only use the free service but noticed that it does cater to the dark pool by delaying certain information. when the short interest is delayed, expect dark pool manipulation.
By Marvin M.
Response from Fintel· Apr 17, 2025
Marvin, This belief of yours is a conspiracy theory that's been around since the GME squeeze. It has been discredited many times, but I will try my best to do it again for you here. The belief that there are short shares hidden away in dark pools, which prevents some companies from squeezing, and that if only these short shares were made visible, the squeeze would happen and shareholders would get rich. This belief is based on a few flawed assumptions. First of all, the idea that short shares are "stored" in dark pools. There are no shares stored in dark pools. Shares are in accounts. When two entities want to trade, they publish their bids and offers in lit markets and dark pools. If they agree on pricing, the trade is made, and published (even trades made in dark pools are published!), and then, a day or three later, the actual shares are transferred from the accounts of the related parties. At no point does a share of a company ever exist in a dark pool. There is no storage of shares in dark pools, so this idea of "dark pool manipulation" is completely nonsensical. Additionally, there is this idea that if only these mystery shares hidden away in dark pools were made public, a squeeze would happen (if only!). The reality is that squeezes are not dependent on public knowledge of how many shares are short. Squeezes happen when there are two few shares in a stock. We could completely stop counting and publishing short interest data, and squeezes would still happen if there were two few shares in a stock. So this leads to my final point. If we don't see a squeeze in a stock, then there are not too few shares - anywhere - there must not be any hidden shares squirreled away in some mystery place that nobody can see. We do our best to provide the best information available in a timely, accurate, and informative way. Please do not accuse us of "catering" to bad actors based on an old, discredited conspiracy theory. We are honest people doing our best. We do not deserve this.