Allied Energy Corp (AGYP)

[GoinGreen]

There are 36.2 million shares held at DTC. Thats the number you should care about. Out of that 36.2 million shares there are over 23 million shares held in strong hands for the last year plus.

So, they have shorted over 48 million shares of stock in the last 12 months based on FINRA's data when there are roughly 13 million shares not in strong hands. How is that possible?

I will tell you how its possible. Market makers printing NAKED shares into the market. They print and then lend them out to other firms or hedge funds and right now the Fintel borrow interest rate on AGYP shares is 22.99%

So, if they are currently short lets say 30 million naked shares as an example at $.239 that's $7,170,00

$7,170,000 / 12 months = $597,500 in interest owed per month

Not a great position to be in if you are constantly having to sell more and more naked shares daily to try and keep the stock down.



These posts are my opinion based on years of catching market makers short in stocks