Sphere 3D Corp. (ANY)

[macnqueso]

oh... its well documented... and controversial... and certainly not a settled question... shorts always speak of market efficiencies... but let's be clear... while the question of market efficiency regarding legal shorting remains open and debated... that same research does not in any way support the abuse of the market through illegal use of phantom shares through naked short selling...

"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. But due to various loopholes in the rules and discrepancies between paper and electronic trading systems, naked shorting continues to happen."

"Naked shorting is illegal because it allows manipulators a chance to force stock prices down without regard for normal stock supply/demand patterns."

Read more: http://www.investopedia.com/terms/n/nakedshorting.asp#ixzz3hwhw0tsa
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