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Wednesday, February 27, 2019 10:26:25 AM
https://www.google.com/amp/s/static.theintercept.com/amp/whistleblower-vindicated-massive-trading-firm-knight-capital-charged-with-abusing-naked-shorts.html
No retailer trader shorts penny stocks THAT IS TRUE.
Market Makers short all the time and it is supposedly legal... they are allowed to sell shared they dont even have in order to compensate for lack of availability and to "make a market"
They have been CAUGHT ABUSING THIS POWER MANY TIMES
If you trade pennies you need to understand how this works and when they are doing it to manipulate a stock price for their own benefits
Thats whats going on with FTEG right now IMHO
Mav
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