Bioelectronics Corp (BIEL)

[srinsocal]

If Reg SHO Daily Report is "meaningless" why did the SEC and FINRA implement it to try and control Rampant Naked Shorting?

<<<<<<<<<<<<<< Short Volume"s meaningless >>>>>>>>>>>>>>>


<<<<<<< Just MMs doing their job filling orders during the day >>>>>>>>


Market Makers have 14 Days to Cover their Shorting before they suffer any significant consequences.

This is plenty of of time to drive a SP Down with Naked Short Selling, under the guise of 'Making a Market', and then Cover the Short at a Lower SP making a Handsome Profit.

The MMs Sold Short 21 million shares on Friday, 80% of the Day's Total Volume, and these are Phantom Shares that the MMs did not Own and did not Borrow.

Does anyone really believe that they had to do this to 'Make a Market'?

That there would not have been BIEL Shares available to Buy from legitimate Share Owners at .0031 or .0032 ?

At 9:47 when the Ask Price rose to .0032, after the 14 million in Buying at 9:45, there were 16 million Shares available on the .0032 Ask Size.