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Re: Scruffer post# 46940

Sunday, 06/10/2018 5:40:31 PM

Sunday, June 10, 2018 5:40:31 PM

Post# of 96905
MMs will keep price down (if possible)

One has to realize, in almost all cases, they eventually profit.

Almost all of these "Stinky Pinkies" become defunct or BK companies.

I do NOT believe it's the case with UOIP.

Someone asked privately, "What would make them cover?"

We know if settlement or judgement, the MMs will have to come-up with the shares somehow or cover (at any price).

If have counterfeit shares out there, they'll have to buy at premium to obtain.

My guess is they win 98%+ of the time, so can absorb these rare unexpected losses.

Odds are just in their favor and that's how they play this game.

This also explains the reason so few short squeezes. Create more counterfeit shares.

JMHO, Scruffer

13. Does NSCC’s stock borrow program create “counterfeit shares?”
NSCC’s stock borrow program, as approved by the Commission, permits NSCC to borrow securities from its participants for the purpose of completing settlements only if participants have made those securities available to NSCC for this purpose and those securities are on deposit in the participant’s account at DTC.


https://www.sec.gov/investor/pubs/regsho.htm

As explained in "Counterfeiting Stocks", we know they disguise these transactions.

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