Elite Pharmaceuticals Inc (ELTP)

[ARbigguy1]

There are short positions in ELTP.
Reminder to John....careful, big player to cover!
Market makers (MM)are -
CDEL 0.325 3030 04/22
ATDF 0.324 10000 04/22
CSTI 0.322 50000 04/22
ETRF 0.322 2500 04/22
NITE 0.3185 2500 04/22
this shows them active on the bid.... go look at Level II to see the ask side.
Now, is it possible for these MMs to short whether legal or illegal (i.e., naked). I would have to say Yes!
Search Citadel (CDEL) and you find things like -
http://www.valuewalk.com/2015/08/citadel-china/
Search Automated Trading Desk and you find things like (hmm, talks about dark pools also) -
http://wallstreetonparade.com/2014/06/citigroup%E2%80%99s-dark-pools-here%E2%80%99s-why-the-public-doesn%E2%80%99t-trust-wall-street/
Search G1 Execution Services (ETRF) and you find things like -
http://www.shearman.com/~/media/Files/NewsInsights/Publications/2015/01/Securities-Enforcement-2014-Year-End-Review-LT-012915.pdf
Search Knight Equity Markets and you find things like -
http://www.bloombergview.com/articles/2015-12-01/naked-shorts-at-the-supreme-court
You do word searches in each article for the respect MMs but you get the picture.

Keep your short position if you want but keep in mind........ shorts are ruthless people with no morals so if you think the big player that is about to cover has any care for his brother shorts, LOL, keep right on thinking that, LOL!
When it comes to money, everybody/anybody will stab you in the back and let you bleed out while they take the money for themselves.
It is coming.... tried to let you know.... am I a long? am I a flipper, am I a short? Nobody knows on these boards. Haha, tried to give you a heads up.... listen or get left behind.