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Re: exwannabe post# 206761

Saturday, 01/05/2019 3:30:58 PM

Saturday, January 05, 2019 3:30:58 PM

Post# of 720721
This is an excellent point. And is probably the best explanation for why naked shorting on scale doesn't occur.

There are a number of just logical reasons why naked shorting in the way it's discussed on this MB would be difficult to exist.

I have no disagreement with that.

But does that imply there is some huge undisclosed illegal short position out there?

If this was the case, then somebody owns these counterfeit shares. They will be retail small investors as brokers like E*Trade, Fidelity , Merryl ...

So when this huge $100B liability hits, it is those brokers who will have to cough up. As it was illegal, they cam not pass the hat.

And this is just one small bio. What about all the others?

Do you really think these players are that friggen dumb as to allow that?

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