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Thursday, May 18, 2023 10:21:00 AM
When shares of #DBMM begin to get covered MMs must find REAL shares in order to cover naked short positions. They cannot use exempt fake synthetic phantom shares.
If #DBMM was traded in the billions of shares as is evidenced in the years 2014 to the present, possibly prior to 2014 as well, those who naked shorted shares must cover them all. They are all in the obligation vault. ALL!
No way around it for them. Someone has to cover these shares. Possibly other brokers. Brokers you bought shares through. People will gain money and people will lose money.
Think about this before you sell your shares of #DBMM. Make sure you have an exit strategy for what you wish to sell. They must cover once lender calls are made.
#DBMM
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Recent DBMM News
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- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 11/29/2023 09:31:08 PM
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