Ubiquitech Software Corp (UBQU)

[80 bluchip 20 pot]

agreed scratch.

naked shorting as like what happens on AMC is where synthetic shares are created by having say, vanguard selling a share of AMC to me. I hold the share but vanguard had to have it in a clearinghouse to broker.

so then the shorter goes hey can I borrow blue's share? sure here ya go?
then after the float has been shorted they go to vanguard "hey can I borrow blue's share" vanguard checks nope I didn't get a certificate saying I own them and not borrow them....sure here ya go.

if they COULD "synthetic share" short ubqu, we'd be at nobid instantly. then the nakeds wouldn't even have to cover.

now if by naked shorting you mean there are folks selling down to 5s and then rebuying back? well this week's movement confirms that isn't feasible. only 7, 6 and 5s moved today. you'd have to be pretty darn lucky to get sold at 7 or even 6 at this point and picked it up back at 5.