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Re: Looking4aprofit post# 280456

Wednesday, 04/29/2020 7:30:28 AM

Wednesday, April 29, 2020 7:30:28 AM

Post# of 708883

Noted, IF you believe in the official / reported short numbers.

Obviously by your reasoning, you do not believe in the existence of naked shorting and that “rinse and repeat” short exercises is not a profitable business practiced by Wall St traders.


The reported figures include the naked short shares.

Short interest is not reported by the party that sold the stock w/o owning the shares, be it legit borrowed, naked or illegal. It is done by the buyer who paid cash and did not receive shares.

If the allegation is that much of the public float is short not being reported, then it is the brokers like E*Trade etc that are failing to report. Yet they are not the runs making illegal (if it is illegal) profit.

Fail to deliver figures are also accurate and MMs do not play these games because they are very scrupulous


No. Nor do I believe that all loan sharks and bookies are legit in dealing with cash. But when I get cash from the bank I expect that to be legit and those numbers are what constitutes the "float".

and Martin Shrkeli was framed and we should start a petition to free him.


Martin was disgusting for many reasons. The reason he went to jain though was not for shorting. It was for diverting funds from a public company he gained control of (buy investing several $M when it was BK) to his personal funds.

Hmmm....
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