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Wednesday, April 24, 2024 10:37:40 PM
And those fails are the so-called "air shares". FINRA does keep track of fails, and the SEC uses that information. The FACT remains when there are no significant FTDs in a security, (KEGS has Zero), that means there are no abusive shorts (KEGS has Zero), no abusive NSS, no air shares, no phantom shares... etc. none of the typical excuses used on OTC issues. The meme stock traders think the financial world began when they discovered naked shorting. Many have never even heard of Reg SHO, they don't know about the huge CMKX cert pull, nor any of the other travesties that take place on the OTC.
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