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Alias Born | 01/11/2004 |
Friday, August 12, 2022 9:08:23 AM
At the end of the day, your brokerage notifies the TA of the number of DBMM shares in your account. The TA then tally's all the shares reported by each broker and adds them all up.
If the number of shares is different from the outstanding shares reported by the company, they know that SOMEWHERE, there's shares out there being counted that are not real shares.
If anyone asks the question "Do the total number of DBMM shares accounted for by each brokerage match the number of outstanding shares quoted by the company?", I believe the answer would be yes. This points to ZERO illegal or synthetic shares.
Now I believe we will hear a bunch of screaming about "illegal" or "synthetic" shares being held in overseas accounts. But that logic does not fly.
Apparently, this stock CAN be traded outside the US Stock market. If so, then how can anyone not say that the BILLIONS of shares traded (AFTER the billions traded a few days after the Asher PR) are not buys by these "Naked Shorters" as they covered their positions during the times when the stock price has been down near ZERO?
I seriously doubt that ANY "Naked Short" shares EVER even existed in the first place. But if they did? The majority of any short position made up of "Naked Short" shares may well have already been covered here.
I keep telling myself....deep breath....count to ten....try to answer without personal attack...if available, always try to present fact to back up your opinion.
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