Monday, February 13, 2023 2:45:04 PM
It is basically selling counterfeit shares that do not exist.
It seems to me, at this share price, selling counterfeit shares would be easier and less (financially) risky than shorting, naked or otherwise. But I don't see how anyone could sell counterfeit shares without eventually generating a Fail-To-Deliver. I follow that report regularly, and I haven't noticed any major fluctuations, just background noise. In the past year, there were ~$2000 worth of ELTP FTD's (~55,000 shares); in other words, nothing more than clerical errors.
https://fintel.io/sftd/us/eltp
#FreeSequestOx
#FreeTacoForShareholders
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