UEX Corp fka UEX

[Destinator]

Did someone find away around Naked Short Selling?

Don't you love it when the authorities make things so complicated that they can make your head spin even when they try to explain it.

Lets keep things simple. Ban ALL Short Selling. Naked or Otherwise. If it belongs to you or me then NOOOOOOBODY else should have the right to sell it.

Operational Shorting is what underlies much of the puzzling behavior of boutique ETFs: Investors buy the ETF, the ETF may even rise a bit in price, but the stocks the ETF is supposed to represent don’t budge — because no AP is really buying a single share of those companies! It’s a swindle that is a built-in function of ETFs and it is legal under present market making rules.

APs for URNM, for example, can sell you new ETF shares to fulfill your order, but the APs will very often opt to delay physical share creation.

What is ‘physical share creation?’

Physical share creation is the actual practice of purchasing the shares of the securities (e.g., GoviEx, Uranium Participation, Cameco, etc.), then swapping the actual shares for the ETF shares that were initially issued to you to fulfill your order. In an honest world, physical share creation always happens, but this is not an honest world. In this world, you often hold AP-issued placeholder paper (naked) for ETF shares that have not yet been created and that may never be exchanged for real shares of the companies you think you are investing in.

Quote taken from here.

https://blog.fahy.co/oh-look-a-shiny-new-uranium-etf-but-why-arent-my-stocks-moving/