InvestorsHub Logo
Followers 171
Posts 20520
Boards Moderated 5
Alias Born 09/06/2010

Re: A deleted message

Wednesday, 06/25/2014 2:14:12 PM

Wednesday, June 25, 2014 2:14:12 PM

Post# of 817
Market Makers are allowed to sell short "naked", but most cover within seconds, especially on penny stocks. They execute the trade and then worry about covering their position.

But it is a moot point. MM's still have to report their short positions, and there is simply no significant short position in this stock whatsoever. Just 14,378 shares, which at the average daily volume could be covered in minutes.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.