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Re: jdheart101 post# 283664

Thursday, 05/21/2020 1:36:33 AM

Thursday, May 21, 2020 1:36:33 AM

Post# of 704351
I’m confused but shares that are sold short are supposed to be borrowed from street name accounts, right? Wouldn’t a naked short be something like a fake borrow, like some type of IOU?

Assuming something like that, if the true owners of the borrowed shares were to sell their shares and if additional buyers show up wanting to buy truckfulls of shares, could that scenario cause a short squeeze that would not be possible to delay delivery of shares until November?

Or as another poster posited, a margin call situation could force covering prior to November?

It can’t be as easy as waiting to cover in November. Bigger is calling out a short squeeze and he must know how these positions work.
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