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packerfan9

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packerfan9

Re: MDA post# 85050

Wednesday, 10/18/2023 1:55:54 PM

Wednesday, October 18, 2023 1:55:54 PM

Post# of 85211
I have known for decades mm's brokers etc sell naked short IOU'S. Which then do they ever cover? It was really bad since 2000. They are allowed to do it for one reason. They say to make more liquidly in a stock. They basically add to the market shares never issued by the company. If naked shorting is ever stopped. Then they have to find shares company issued. Which then by enforcing covering in time required. It has to drive stock prices up. Market supply shrinks. Naked short selling should have been banned long ago.
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