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Re: nodummy post# 2830

Thursday, 12/03/2015 8:15:59 PM

Thursday, December 03, 2015 8:15:59 PM

Post# of 12930
nodummy what about today's short sellers.The culprits behind illegal naked shorting will be the brokerages & the MM's they use to route the trades & that would be Alpine Securities & Spencer Edwards, the only 2 brokerages willing to accept CERTS & they also clear in house...for an additional $750 on top of their normal fees you can even have said clearing expedited (3-5 days).Any of the investing public who believes that shorting sub pennies does not exist or in that supposed $2.50 rule have NO idea of what they speak of nor the monetary means to perform the aforementioned type of trades.It can be done for as little as .20 - .25 per share borrowed depending on the stock and the SHORTERS available funds size and successful past history doing so.

While this gentleman you spoke of may have made a ton of money here the reverse could be true for SHORTS.If the company continues to PR here those SHORTS stand to lose a ton of money.


Never buy a stock based on my opinion of that stock.Form your own opinion by doing your own DD.My position on any stock I buy can change without notice.I am not a licensed broker or stock adviser and I really don't know what I'm doing.