Turbine Aviation Inc (TURA)

[Magnusson]

as for peeps shorting GLGT.. don't think many brokers if any but some will allow peeps to borrow againest sub pennies with hope of a downtrend... but as for MM naked short selling.. yes.. it does

naked short selling, phantom shares, counterfeit shares, what ever you want to call it.

it does happen, believe you me and they get away with it, but there are rules, there is a time period to meet with these so called shares being sold.

when a Market Maker has to cover, he has to buy. Just like you and I. So Mr. A buys, and the entity that sells them to him, Mr. B, does so short, creating for himself, a short position, that must be closed out in accordance with the rules .. namely Reg SHO .. while on the other end.. for Mr. A. the clock stops and the position is duly closed.

the difference is, you and I cannot do that.. I cant just reach out to you and say:

me: "Hey, can you sell me some shares so I can cover my short ? "

you: "sure. But I need them back in 12 days so that I can cover on the thirteenth day."

me: Thanks.

F A N T A S Y


but the MMs can ... and they do .. this is their bread and butter and it is perfectly legal. The only way to break this up is to make the Market maker search frantically for shares through sustained volume buying.. period

they cover in turn. They help each other. One MM will short enough shares to another who in turn will apply them to his positions.. Voila.. Clock resets

MMs are not novice at what they do

they better hope they don't failure to deliver

i firmly believe in this