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Tuesday, September 04, 2018 12:55:36 PM
What actually looks like is happen is MM's or hedgefund that naked shorted are blocking with a wall of 6's while trying to shake weak hands to cover.
I bet if someone bid for about half those 6's the wall would come down.
We can see there has been heavily naked shorting going on.
notice most the days with high volume last month where heavily shorted at better than 50%:
https://www.otcshortreport.com/company/TXTM
I hope they get caught short and can't cover like these other brokers did lately:
https://www.wsj.com/articles/interactive-brokers-fined-5-5-million-for-naked-short-selling-violations-1534797834
https://www.koreatimes.co.kr/www/biz/2018/07/367_250670.html
Bad news for more naked shorting Brokers caught lately with there hand in there Clients cookie Jar! Interactive Brokers & Goldman Sachs OUCHHHHHHHHH!
I bet if someone bid for about half those 6's the wall would come down.
We can see there has been heavily naked shorting going on.
notice most the days with high volume last month where heavily shorted at better than 50%:
https://www.otcshortreport.com/company/TXTM
I hope they get caught short and can't cover like these other brokers did lately:
https://www.wsj.com/articles/interactive-brokers-fined-5-5-million-for-naked-short-selling-violations-1534797834
https://www.koreatimes.co.kr/www/biz/2018/07/367_250670.html
Bad news for more naked shorting Brokers caught lately with there hand in there Clients cookie Jar! Interactive Brokers & Goldman Sachs OUCHHHHHHHHH!
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