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Re: Shev11 post# 19196

Wednesday, 08/23/2023 1:40:36 PM

Wednesday, August 23, 2023 1:40:36 PM

Post# of 22068
Those naked short contracts with the broker are pretty much open-ended, that is there is no expiration to return borrowed shares as I understand it...until hounded by the broker to close it out. But I always understood that the borrowed shares were ALWAYS immediately sold when the contract is let - typically as the ticker shares borrowed from has a surge in pricing.

NOT??

Do the shorts control when the contract opens - to put in the order to sell and at what price, just as a regular retail seller would? What a racket these brokers, MMs and shorts have in doing so. Total rip off of retail investors. We bought the shares and the 'short team' use them on the side to make gobs of money while Longs wait...like we are doing here with GTCH shares for over a year now.

Does not surprise me that the SEC allows such collusion and corruption. BIG money, BIG payoff (to the merry band of all)!! This is one of those occasions that prove "life is not fair".
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