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Re: juxtaposezen post# 2548

Friday, 05/05/2006 1:02:58 PM

Friday, May 05, 2006 1:02:58 PM

Post# of 35788
Yes, my statement deals some w/ naked shorts, thank-you.

You will be paid the dividend on your NET long (if by chance you have a long position and short position - which makes no sense in my book). With what the financial gurus said, the BORROWED shorts don't even have to cover the stock divy. It was quite confusing to me when they told me that.

Sorry if I created some confusion. We know there is a naked short problem with pink sheet companies. Most pinks are shorted into the ground. I believe (IMHO) some, if not most shorts, are naked shorts on the pinks.

If you research the rules on naked shorting, it is totally amazing and doesn't make sense. Foreign companies can naked short, but US companies are not "supposed" to. Pinks need to be regulated better-thankfully the short number reporting will help the issue, but I don't know if it will help prevent naked shorting. Comments on this?










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