Chuckles, finding this info is unbelievably dangerous to the Naked Shorts.
1st) Does the value just go poof? Do the Brokers loose this value?
Answer, the Brokers wrote the rule book. They seldom loose. In my years I knew of only one case that involved Canada and a hot oil stock that was a fraud trade. That was big $$ then ; around 150,000$.
Remember Jesse Livermore's classic saying from circa 1900; "He who sells what isn't his'n must buy it back or go to pris'n".
Whoever sold those shares will be delivering. They just have not told enough lies to cause an innocent long to sell. A person that has the opinion that if it is in print it is true. They have not robbed that long yet by pulling their constant propaganda attack on them. They will buy the shares later and deliver. Never fear, our Brokers will be OK. Such a pity.
What you have discovered is the Naked Shorts or accurately mostly Naked Short activity. We are looking at the trade sheets.
It is not Warrants; they are a combo of cashless converts and instant and considered delivery of shares as soon as CYDY receives the Warrant strike price. Presto, the broker has the shares.
What the table you have supplied for all to study and is absolute proof of my Naked Short Stump Speeches.
In todays world I know of no shareholder that actually holds their shares. This was not the case 50 years ago. It was the opposite. My own tiny boys were in photos with their shares on the carpet.
Today Brokers hold by my estimate, 99.9% of all shares.
Meaning? Who has a problem with delivery? Only the Naked Shorts.
Study the CYDY closes verses the number of not delivers.
12/18/2020 4.68$ 111,0000 shares not delivered
12/21/2020 5$
12/22/2020 6$
What do you think the Naked Shorts are about to do? Yes, attack.
12/23 5.27$ with 251,000 shares not delivered
Meaning they real did a job on the longs that day but failed to buy all the shares back the same day. Remember that is key. Otherwise there is risk of the Broker knowing their game.
12/24/2020 5.10$ with 280,000 fails to deliver.
12/28/2020 5.27$
12/29/2020 5.68$ Now the Naked Shorts see another chance for a slam dunk
Any dude at the SEC can read this post. Think about it for to 24 hours and it might dawn on them that I have a point. All they need to do is request the records of the fail to deliver accounts. In one day I, I could nail the Illegal Naked Shorts.
To be clear, legal shorts are an OK group. They are my opposite. I feel sorry for them and they feel for me. That's the market.
It is the Naked that are the risky group. It was a naked short or group of naked that hit CYDY on June 30th and in 16 minutes drove a stock price that in roughly 6 days moved from 3$ to 10$, and in that 16 minutes they, the Naked slammed it to 4.5$
For those that are new to this a naked short is a dude that tells his broker they are long CYDY. They then tell their broker they "will Deliver" Sell now. That's a Naked Short. They then , in 99%b of cases buy all the shares back that day. That is how they avoid the eyes of the SEC. The question is; when will the SEC seize the profits PLUS a 100% fine. That is what I am waiting for.
12/30/20205.15$ with 225,000 fails
Chuckles, can you find the third, fourth week of June and the first two weeks of July?
