GBT Technologies Inc (GTCH): No, LD. 'naked' shorting is NOT...

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Re: luckydude777 post# 17356

Friday, 05/19/2023 11:08:48 AM

Friday, May 19, 2023 11:08:48 AM

No, LD. 'naked' shorting is NOT the workings of the MMs other than promoting it. I do not believe they can 'borrow' shares, in fact, I am certain that they can just "magically" generate shares for purposes of filling their stock, provided those shares are then accounted for in some matter - an intended mystery! But MM actions alone do not make the market...

Sure, MMs make fees/profit buying and selling shares, they do not work for nothing. But 'transaction fees' from retail/other traders are very much a part of broker trading as well...they would have a "fit" if MMs did all buying and selling for their gains only... There are limits to MM's manipulation monopoly.

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