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Re: AlanC post# 341225

Thursday, 01/28/2016 11:26:40 AM

Thursday, January 28, 2016 11:26:40 AM

Post# of 380576
Alan, wash trading cannot manipulate a stock DOWN, only up. Since you seem to think it can be used to lower a share price, please explain in detail exactly how anyone can wash trade a price DOWN.

Since it is nott possible, I await reading your explanation of how you think it would work.

Let's hear it! In detail.

Oh, and I'm STILL waiting for you to explain:

Alan, aside from the fact that there are no 'naked shorts' nor long-term FTDs in OTC stocks, and the T+3 rule has been in effect since 2009 ...

Assuming for the purpose of argument there were, since only 10,000 shares ~OUTT of 1,700,000,000 NTEK shares issued and availble to borrow and short have BEEN sold short, WHY would anyone need to 'naked short' this pig?

It's easy as pie to find borrows - and WHY does the reported short interest decline and increase - if borrows were difficult, the short interest wouldn't be declining - especially as ISSUANCES are 12.5 million new shares into the FLOAT every week.

Oh, and why aren't your mythical 'naked shorts' showing up on RegSHO FTD list? Please explain the mechanics of how one can pull off that magic - selling an 'air share' that is nott delivered on T+3 and yet somehow doesn't ever show up on the Reg SHO FTD list???

How exactly is that done?