Astra Veda Corp (ASTA)

[CrimsonNightRider]

ASTA and Naked Shorts?

Don’t know but the internet says…

Pink sheet stocks, often traded on the OTC (Over-the-Counter) market, can be susceptible to “naked short selling” or illegal short selling practices, just like stocks listed on major exchanges. Naked short selling involves selling shares of a stock without actually borrowing them or ensuring that they can be borrowed, which is illegal.

While the practice of naked short selling is not limited to a specific type of stock or exchange, penny stocks and those traded on the OTC markets, including pink sheets, may be more vulnerable to manipulation due to lower trading volumes and less stringent reporting requirements. It’s essential for investors to be aware of the potential risks associated with these markets and conduct thorough research before investing in any stock, including pink sheet stocks, to understand the potential for short selling abuses and other market risks.