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Re: Jollymon1958 post# 92164

Saturday, 07/30/2016 10:53:00 AM

Saturday, July 30, 2016 10:53:00 AM

Post# of 232310
I wondered about that. I think with 99% of penny stocks failing after a run, it makes a lot of sense, if you only have the ability to naked short. However, if you plug in the top 10 ihub stocks into your source, you'll see almost all of them being heavily naked shorted. Some of them as high as 99% short - daily!!! On 100's of millions of shares traded! And at prices of .000+'s!

I don't understand the risk of a naked short in a penny because all you need is one crooked market-maker to manipulate and you're looking for the nearest corner to sing songs for pocket change! Better off putting it under a mattress, lol...unless you have connections to a market maker who has shares...hmmmm...

Thanks for that data. Very interesting!
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