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surfkast

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Re: Diamondhands45 post# 82907

Tuesday, 05/07/2024 9:43:56 PM

Tuesday, May 07, 2024 9:43:56 PM

Post# of 87051
OMG. All you noobs think there is so much naked short selling in the OTC. Show me a stock with a FTD. That is the only proof.

Thus, the naked short seller is selling shares they do not own, and shares that aren't confirmed to even exist. If the seller is required to close their position, there are no borrowed shares to return to the original owner. This may result in the failure to deliver the shares.

https://seekingalpha.com/article/4453048-naked-short-selling

All my posts on the site are to be considered opinions.

Readers determine the veracity of the posts they read and the credibility of other Users

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