Intellipharmaceutics International Inc. (IPCI)

[fabius]

Samsa,
those 1.9Mln (latest number available) shares short are legal shorts, which means with regular borrow, that's why you have the offical number of shares short.

Naked is used when you want to be opaque and possibly avoid the cost of borrowing, but it is illegal, and the risk of receiving a buy-in from the broker (it is a risk not a certainty) it is more likely to occur on the third day (counting from the day of short being opened). third day because it is related to the settlement of regular buys and sells which happens on the third day (counting from fay of transaction).

So who recurs to naked shorting (for intraday or 2-3 days) can be in serious problems if each time he sells short finds on the other side someone buying to hold (and not lending).

in conclusion, I don't know what is going on exactly, but what I feel is that the usual game made by the manipulators seems to be close to an end. fingers crossed