Eco Building Products Inc. (fka ECOB)

[Ed the Trader]

"...some brokers can, if it's within their policy and ya got a Margin account, lend you naked shares..."

E-Trade will do that, but they will freeze $2-3 of the cash in your account PER SHARE of ECOB that you sell naked. So, if you have 5 million shares of ECOB caught in the reverse split, E-Trade is going to want to freeze 10-15 million dollars of cash in your brokerage account to allow you to do a naked sale of 5 million shares of ECOB while it still has most of its value left.

Of course, we all have a spare 10-15 million dollars sitting in our brokerage accounts, right? (Can you taste the sarcasm?)