Wednesday, November 09, 2022 6:33:14 AM
Nakes shorts cannot be counted accuretly. Therefore I cannot comment. I am not doubting your numbers. These naked shorts will have to cover unless they want to be driven into insolvency so this nakes short situation, if it is as large as your friend thinks, will only add rocket-fuel to the SP once the proper fuse is lite (PR Statement). I do know however, that legal shorts have been covering, and been doing so by the use of wash-trading by the MMs to put a lid on the SP. Wash trading has also been used for accumulation purposes as well. I am 100% certian of this.
-Fireman
-Fireman
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