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Wednesday, 04/24/2024 9:11:24 AM

Wednesday, April 24, 2024 9:11:24 AM

Post# of 21807
Sorry - have to revert back to talking about my favorite topic - MMs and naked shorting and its impact on the GTCH pps.

While retail share buyers often blame 'shorty' for their willingness to 'buy' contracts with the brokers/MMs in generating naked shorting, I must admit that I am still of the impression that it MIGHT be smoke and mirrors. That is to say that I am not sure some contracts exist at all to cover the full extent of naked shares on the trading floor.

I contend that all trading of naked shares traded during the day may be reported as 'shorting' as reflected in the OTC short report, as a lie. I am willing to place the majority of the existing naked shares squarely on MMs themselves....somehow counting what naked shares THEY possess (generate) and are NOT in the form of an existing contract - therefore NOT subject to the replacement of 'borrowed' rules of an actual contract. NOTHING is borrowed - these naked shares can exist and then NOT EXIST to the whims of the MMs. Cheating at its worst-case scenario as I see it.

Anyone on this GTCH board willing to comment on my "fantasy"?
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