Mike The Pike Productions Inc (fka MIKP)

[TenKay]

I did understand what your were saying which is why I referred to pink.

But you are ignoring one basic fact about shorting.

Someone holding a short position does not get their money until the position is closed.

In the case of a grey market stock, if they can’t buy to cover, then they don’t get anything. And a broker is certainly going to allow a buy to cover on the greys even if it is only a matched trade to do so.

If someone is telling you they got their money without “covering” they are lying to you.

And as I said…in a bankruptcy, a stock usually gets hammered to the point that it is trading for pennies on the dollar long before it gets cancelled. Almost every person holding a short is going to cover and get their money. Why would anyone hold for years to only make an extra percent or two in the process…and have no access to their money until then. They wouldn’t unless they were a complete moron.

And lastly and again, there is NO open short positions in MIKP. Not a single share’s worth.