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Re: Fishforbreakfast post# 102558

Friday, 09/29/2006 2:03:33 PM

Friday, September 29, 2006 2:03:33 PM

Post# of 311075
Great post as usual. I do have a big concern about the naked shorting that I'd like to ask about. How do we know when we've bought the stock that we haven't bought from some of the naked shorters meaning that we don't actually own real shares of SLJB? It then seems to me that if the shorters get squeezed too much they might just disappear, leaving us holding the bag. I find it hard to believe that any naked shorter would stay short given the pretty strong possibility of losing a what could well be a huge amount of money. Or am I missing something about how all this works? I'd really appreciate it if you could address this issue for me. Thanks.
Greg