InvestorsHub Logo
Followers 24
Posts 511
Boards Moderated 0
Alias Born 07/29/2015

Re: sixpack post# 128223

Friday, 11/03/2017 6:11:55 PM

Friday, November 03, 2017 6:11:55 PM

Post# of 462890
sixpack, as I understand it, 1. There is a large amount of naked shorting by the market makers but it is legal for them,

2. Only MM's can legally sell naked shorts,

3. MM's naked shorting are trades that are usually sub-second round-trips (sell-to-open followed by buy-to-close) in duration, not the overnight or longer trades of investors/investment companies,

4. There is no need for a shorting investor/firm to illegally sell naked shorts if there are shares readily available to back their short-sell

5. There are currently a huge supply of shares available for shorts to borrow, and that is why the interest rate is at it's historic low since AVXL was uplisted.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AVXL News