Wednesday, March 01, 2017 11:23:35 AM
It is beyond the scope of my posting here to point you to the resources to understand naked shorting, and how to find out what that position actually is.
The problem with a naked short on PPMH - There are not enough shares in regular circulation to cover. THAT is a real problem - and now opening on the Grey market means not as much visibility to find even those shares. So in a case like that, opening on the Grey market can cause the price to rise as naked shorters try to buy up everything they can. Why, you might ask?
Remember, a name and CUSIP change forces naked shorters to cover. period.
Peggy, et al - why are you issuing profanity-laced tirades to me in private? What do you hope to accomplish by doing that? You only serve to weaken your position and strengthen my resolve, obviously you wouldn't put so much emotion into your comments...unless you were worried. That twinge you just felt in your stomach? That's excess acid.
I love you all - especially the haters. Peggy, have a good lunch today. Remember, not too spicy, it will be bad for your heartburn.
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