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Re: None

Sunday, 11/10/2019 11:35:39 AM

Sunday, November 10, 2019 11:35:39 AM

Post# of 54913
Naked shorting is illegal, if you do not cover in the regulatory timeframe.

Shorting a stock is not illegal, but you are supposed to "borrow" stock from a willing participant.

Market makers often get naked short positions, but that is part of healthy markets that they support.....they have a certain timeframe cover and get even on their shares.

What we believe is happening in PRED, is that there is a large naked short position, THAT IS NOT BEING COVERED, a trick of naked shorts is to "Swap" shares among themselves so that they can extend the timeframe to cover. Some of the stock action a couple weeks ago, suggested this might have been occuring.

But who knows?

PRED - JUST MAKE THE STOCK PRICE GO UP, THEN THE SHORTS WILL HAVE TO COVER AND GO BANKRUPT. VERY LARGE ORGANIZATIONS HAVE BEEN CAUGHT ON THE WRONG SIDE OF A TRADE. Why risk it in this stock?

I've heard Naked shorts could have over 10 millions shares short, and yes, this would be illegal.