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Re: aussiekevin post# 27107

Tuesday, 03/30/2021 3:57:31 PM

Tuesday, March 30, 2021 3:57:31 PM

you are not experienced at this, the naked short are not registered, I had MSMY and it showed very little short position, but when eventually company put out good profit report in 2 days it ran up 1600% and there was 200 million shares that were shorted and had to cover.

"naked" short sale, the seller does not borrow or arrange to borrow the securities in time to make delivery to the buyer within the standard three-day settlement period. 3 As a result, the seller fails to deliver securities to the buyer when delivery is due (known as a "failure to deliver" or "fail").
http://www.sec.gov/spotlight/keyregshoissues.htm

in short the naked short is not registered and only borrowed shares will be able to be traced.

Please note only Brokerage houses and MM can do a naked short.

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