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Re: Naval Nomad post# 31474

Monday, 02/29/2016 10:48:42 AM

Monday, February 29, 2016 10:48:42 AM

Post# of 37220
mm's sell you shares they don't own. They then buy the shares to cover the position. It works like a balance sheet. Credits have to match debits. The real problem comes in when they sell shares the don't have and don't cover. Or they buy shares they don't have and sell them and can't deliver.

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