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Breaking Ground: China Leads the Way with World's First 6G Test Satellite
— FingerMotion (@FingerMotionInc) September 26, 2024
China continues to set the pace in the global telecom industry with the successful launch of the world’s first 6G test satellite by China Mobile, the largest telecom carrier by mobile subscribers. This…
Harnessing the Future: @FingerMotionInc Role in the 6G Revolution
— FingerMotion (@FingerMotionInc) September 20, 2024
The global 6G market is on the brink of exponential growth, with projections showing it will reach a staggering $20.46 billion by 2028, driven by a 29.3% CAGR. This next-generation technology is set to…
Unlock the Power of Data: Seamless Connectivity, Infinite Possibilities @FingerMotionInc (@Nasdaq $FNGR) is at the forefront of mobile innovation, empowering millions with seamless connectivity and limitless possibilities. As a leading mobile data specialist in China, we… pic.twitter.com/cfz3k5i6A0
— FingerMotion (@FingerMotionInc) September 5, 2024
$FNGR working with another HUGE company throw in $AIZ Munich Re , Pacific Life RE China Mobile. Just off the top of my head
— Naked shorts TRUMP 2024 Fork them (@ham59591shorts) September 5, 2024
Naked shorts are trapped and hold stock down
UNTIL THEY CANT. 230,000,000 plus 1,450,000 real shorts will be fun covering https://t.co/eOfv5Gav70
$FNGR working with 1 of 4 major China auto's SAIC, almost $1 trillion in asserts I theorize the base model of emergency vehicles is the Maxus T90 from last PR "The SAIC Maxus pickup truck is equipped with the Advanced Mobile Integrated C2 Platform....... pic.twitter.com/aWSUQOIRgH
— Raden Raranike (@radenraranike) September 4, 2024
The Car Care Revolution Is Here 🚗
— FingerMotion (@FingerMotionInc) August 30, 2024
Say goodbye to mundane car care and hello to a revolutionary experience. From car washing to fine detailing, paint protective films, color changing, and maintenance – we've got it all covered!
With 650,000 active subscribers and 20,000 service… pic.twitter.com/sZ8WqKCDQN
Been adding since $1.80 chart looks solid.
— Yannus (@yannusworld) August 12, 2024
$FNGR. Hey FBI DOJ SEC. Here is a stock counterfeiter. pic.twitter.com/owDSTGS8Mc
— Naked shorts TRUMP 2024 Fork them (@ham59591shorts) August 11, 2024
$FNGR here is a major holder
— Naked shorts TRUMP 2024 Fork them (@ham59591shorts) August 9, 2024
only 7,257,600 Common Shares(1)
None of them sell
Only odd lots each day. https://t.co/l4gVThlqYp
China Begins Transition to World’s First 6G Technology: A Glimpse into the Future
— FingerMotion (@FingerMotionInc) August 8, 2024
China has officially launched a test satellite, marking the beginning of its transition to 6G technology. This monumental step is set to revolutionize communication networks, targeting the…
$FNGR. The king of fraud pic.twitter.com/MFc2JPKGB2
— Naked shorts TRUMP 2024 Fork them (@ham59591shorts) August 8, 2024
$FNGR we are working on getting the TRUCK in DC
— Naked shorts TRUMP 2024 Fork them (@ham59591shorts) July 27, 2024
next week in front of the FBI, DOJ and SEC
HEADLINE you have Left Dont forget Jeff Easton & freinds
Great info. This will give retail investors confidence to keep fighting against illegal counterfeiting of naked short positions in the equity markets
China's financial regulators are not messing around. Considering a big fee hike on high frequency trading
— kristen shaughnessy (@kshaughnessy2) July 26, 2024
"China is considering a fee hike of at least tenfold on high-frequency trading, its latest attempt to rein in some quantitative strategies deemed by regulators as a threat… https://t.co/GR8fu17ys7 pic.twitter.com/klzVr0Ajej
And this is before China's new rules against illegal shorting and quantitative trading really set in
— kristen shaughnessy (@kshaughnessy2) July 26, 2024
"Chinese stock traders unwound their short positions at the fastest pace since February, taking advantage of an equity selloff to close trades ahead of a deadline imposed by… https://t.co/zC8fUcgwSO pic.twitter.com/O2Zblffxhx
this is how Jeff Easton Keeps his distance from the Crime.
— Naked shorts TRUMP 2024 Fork them (@ham59591shorts) July 25, 2024
SEDONA= $FNGR $SYTA $KNW $GMGI etc public co
Lind= Toxic Lender
Rhino= Buddy who naked shorts
So you cant blame them. Jerkoffs we knowhttps://t.co/CkrokgsVce
Join @FingerMotionInc CEO Martin J Shen, this Thursday, July 25th @ 12pm ET! Register for the virtual Skyline Signature Series here: https://t.co/2pq57TNUFT https://t.co/zoCZK1UQJy
— FingerMotion (@FingerMotionInc) July 23, 2024
@ham59591shorts July 23rd $DJT $FNGR $GTII
— Yannus (@yannusworld) July 23, 2024
Set a reminder for my upcoming Space! https://t.co/etQYw5HDuZ
"..eventually they'll stop doing this, but we're going to keep investigating..."
— kristen shaughnessy (@kshaughnessy2) July 20, 2024
Truth Social CEO Devin Nunes ($DJT) and Rumble Founder Chris Pavlovski ($RUM) on their fight against naked shorts (counterfeit shares)
Nunes:
"It's legal to short,that's not a problem.
People can… pic.twitter.com/kOnktfEBFT
$FNGR a special 10% dividend has to be SOON
— Naked shorts TRUMP 2024 Fork them (@ham59591shorts) July 18, 2024
if you own 1K you get 100 div shares for free
IF YOUR SHORT YOU OWE a 10% div
so if its 230M short you now owe 23M div shares
or 1.7M you owe 170K
I think they symbol will be $FNGRW it will trade like a stock
$DJT $FNGR remember the SHORT squeeze trigger # Thats the # when all naked shorts are NOW IN THE RED or avg price of all the sales
— Naked shorts TRUMP 2024 Fork them (@ham59591shorts) July 15, 2024
THESE #‘S ARE A LOWER NOW I SAY $DJT IS $51
AND $FNGR ABUT $4.10 pic.twitter.com/YFD9x2Ecd4
Yep, only a matter of time now
It's really good to no the actual share structure of the illegal naked shorts
Fundamentals are growing. Super low float. Shorts are trapped.
What makes $FNGR very different from all names
— Naked shorts TRUMP 2024 Fork them (@ham59591shorts) July 11, 2024
Like $GME $AMC $KOSS
1) Education
2) we Know who the naked short is
3) posted short #’s for 3 years straight DAILY
4) The Co is on our side 100%
5) Co building a real fundamental play
230M + 1.7M real short +23M due to dividend
$FNGR THE SHORT SQUEEZE TRIGGER NUMBER is now $4.15-$4.18 area
— Naked shorts TRUMP 2024 Fork them (@ham59591shorts) July 11, 2024
LOOK how much it dropped over last 5 months. Was $4.73
on 230,000,000 shares plus 1.7M real short and soon 23M more from special dividend when approved pic.twitter.com/YUjINhruNi
$FNGR real short is covering now down to 1,730,000
— Naked shorts TRUMP 2024 Fork them (@ham59591shorts) July 11, 2024
The Naked short account is washing trades to real short so they DONT MOVE the market up covering. Thats a Washed trade between accounts
Naked short position just goes higher
230,000,000 is firm
$FNGR is this what you see each day? I DO
— Naked shorts TRUMP 2024 Fork them (@ham59591shorts) July 10, 2024
Gira concluded that a true market maker is not "somebody who goes in the box and all they do is sell."
All they do is SELL. Cant wait until all they do is BUYhttps://t.co/3zgzrq3QXt
Great I see now. Naked shorts !!! Conterfieting Shares must stop their has to an easy way for the FBI to take them down how stupid can they be !!!
Trump needs a special task force looking for illegal Conterfieting of shares in the equity markets. He must drain the swamp first, though
Nope. Not active on X, btw. 😃
Ham's new username, https://x.com/ham59591shorts
His old one got suspended.
Hummingbird, is your account suspended in X
$FNGR Naked shorts #1 worry
— Naked shorts TRUMP 2024 Fork them (@ham59591shorts) July 9, 2024
1) Is TRUMP winning
Game set match. 230,000,000 plus 2M real shorts and 23,000,000 special dividends SHORTS to buy
Just Listen to Patrick Byrne Stock settlement https://t.co/LV3QsYuH82
This article never brings up trade settlement or how important it is.
— kristen shaughnessy (@kshaughnessy2) July 9, 2024
It never mentions market manipulation.
It doesn't mention that when shares sold in the U.S. are moved off shore or overseas FINRA allegedly no longer keeps track of them.
It doesn't talk about the… https://t.co/n1EFeZYwBK pic.twitter.com/LgDY6wDYrK
Former Overstock CEO Patrick Byrne fought predatory short selling for more than a decade
— kristen shaughnessy (@kshaughnessy2) July 9, 2024
His advice to other CEO's and retail investors - don't expect Congress, especially the Senate Banking and the House Financial Services committee to help you.
"If you were the bad guys in… pic.twitter.com/QoXMvYJtzA
$FNGR pic.twitter.com/inQRsIpVMd
— Naked shorts TRUMP 2024 Fork them (@ham59591shorts) July 3, 2024
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The Truth About Naked Short Selling
By JOHN OLAGUES
Full Bio
John Olagues has spent 15+ years as the owner of Truth in Options and 13+ years as president and owner of Olagues Trading Company.
Learn about our editorial policies
Updated October 24, 2023
Reviewed by THOMAS J. CATALANO
Fact checked by SUZANNE KVILHAUG
The basic form of short selling is selling stock that you borrow from an owner and do not own yourself. In essence, you deliver borrowed shares. Another form is to sell stock that you do not own and are not borrowing from someone. Here you owe the shorted shares to the buyer but "fail to deliver." This form is called naked short selling.
Naked shorting is the illegal practice of short-selling shares that have not been affirmatively determined to exist. Ordinarily, traders must borrow a stock, or determine that it can be borrowed before they sell it short. Due to various loopholes in the rules, and discrepancies between paper and electronic trading systems, naked shorting continues to happen.
These short sales are almost always done only by options market makers because they allegedly need to do so in order to maintain liquidity in the options markets; however, these options market makers are often brokers or large hedge funds who abuse the options market maker exemption.
KEY TAKEAWAYS
Naked short selling occurs when you sell short without having properly located and borrowed the shares to be sold.
To sell short, you normally have to borrow existing shares from your broker or clearing firm.
Naked shorting is illegal per Regulation SHO and can lead to a failure to deliver (FTD).
1
Shorting Without Failing to Deliver
There is another form of short selling, sometimes called a synthetic short. This involves selling call options or buying puts. Selling calls makes you have negative deltas (a negative stock equivalent position) and so does buying puts. Neither of these positions requires borrowing stock or "failing to deliver" stock.
A collar is nothing more than a simultaneous sale of an out-of-the-money (OTM) call and the purchase of an OTM put with the same expiration date. Another way to short sell is to sell a single stock future, a type of equities derivative not traded in the U.S. since 2020.
2
Prepaid forwards and swaps are sometimes used to carry out short sales; however, these are done directly between the customer and a bank or insurance company, many of which have become suspect in terms of their ability to guarantee the other side.
Holding any one of the above positions alone or in combination with another essentially gives you a negative delta position whereby you will profit if the stock goes down.
Margin Requirements and Money Transfers
The following is exactly what happens when you do a short sale as mentioned above. You decide to sell some shares that you do not have because you may wish to reduce the risk of other long positions that you may hold or you wish to make naked bets that the stock will go down.
For example, you borrow shares that you wish to sell short and you instruct your broker to sell 1,000 shares at $50. Upon the sale, the $50,000 is credited to your broker's account (not your account as some may think. This distinction is important).
Then you must advance the required initial margin into your account to guarantee to the broker that there is money in your account to cover any loss you may incur if you lose on the short sale. The short seller must maintain the minimum maintenance requirement in their margin account.
Of course, if the short seller is the broker, then both the broker's account and the short seller's account are essentially the same.
SEC Regulation SHO is a 2005 rule that governs short selling and bans naked shorts.
1
The broker earns interest on the lending of the proceeds of the short sale to other margin customers. That lender becomes the short seller when the broker is the short seller. When the broker acting as an options market maker does a naked short sale, they need not borrow shares and instead collect all of the interest on the proceeds for themself.
If the stock goes down after the sale of the 1,000 shares at $50—say to $45—then $5,000 is moved from the broker's account to the short seller's account, which can be removed by the short seller. Their margin requirement goes down by 50% of the $5,000.
On the other hand, if the stock goes up to $55, then $5,000 is moved from the short seller's margin account to the broker's account and the short seller's minimum maintenance requirement will increase.
These money transfers take place exactly the same way whether you do a regular short sale or a naked short sale. There are similar future transfers if you have sold calls or sold single stock futures. When you buy puts and fully pay for them, there are none of these money transfers after the purchase, although the value of your account certainly fluctuates as the value of the puts fluctuates.
All of the above ways to obtain negative deltas cause pressure on the value of the stock similar to how straight sales of long stock put pressure on the price of the stock. In addition, these short-selling methods are sometimes used by those who have inside information about some negative future event to illegally profit by selling or shorting stock prior to the announcement of that future event.
Combinations of the above positions with long positions, where summed net short equivalent stock positions are created, are often used to disguise illegal insider trades.
Media Pundits
Naked short selling was criticized by some in the news media who claimed that naked short sellers allied with "rumor mongers" caused the collapse of Bear Stearns and Lehman Brothers. They cite the large "failure to deliver" for a stock as evidence of naked short sales days after the stock had dropped.
Although the naked short sales happened after the collapse, they still hold onto the idea that those after-the-event naked short sales caused the collapse.
3
The large volumes of "fail to deliver" stock and the naked short sales after the collapse of Bear Stearns and Lehman Brothers show that there is an explanation for those large volumes; however, that strategy did not cause the collapse of those companies.
4
When Shouldn't You Short Sell?
It is recommended that new traders do not short sell as it is a much more involved and risky type of strategy that comes with a variety of rules. Only experienced traders should attempt to short sell and only when they have done the required research to justify their positions.
What Triggers a Short Sale Restriction?
Short selling a stock is restricted when the stock's price drops 10% or more than the previous day's closing price. The rule was implemented by the SEC to preserve market confidence and efficiency.
5
How Long Should You Hold Onto a Short Sell?
Traders should hold onto a short sell for as long as that trade is profitable. Once the trade stops being profitable, or, more likely, starts to move away from being profitable, the trader should close out their short sale.
The Bottom Line
Naked short selling is risky and not allowed, yet continues to happen in the market place. Traders and investors should always trade in a manner that takes risk into consideration while employing safety measures in their trades.
https://www.investopedia.com/articles/optioninvestor/09/naked-short-selling.asp
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