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Re: edminnema post# 345595

Thursday, 05/16/2024 3:52:36 PM

Thursday, May 16, 2024 3:52:36 PM

Post# of 346681
Geez. There would still be a RECORD of them in an account SOMEWHERE. You know how shares become "naked", right? A broker has a customer that wants to open a position in a stock. He doesn't have any. So he lends out the shares he doesn't have and has "X" number of days to go out and find them. If he doesn't? The shares become "naked"! Then they generate FTD's

How will a broker initiate a margin call, on shares that do not exist in an account...somewhere??? Tell me how. They CAN'T. So we know that the brokers report shares to the TA's. The TA's tabulate those numbers and compare the total of shares out in the market, against the number of shares that the company says exist in the outstanding share base. The numbers should AGREE. If they don't agree? The TA calls the company and tells them about it.

So, people here are saying there will be a margin call? How will the brokers admit that they are calling margin on a billion short shares that they have records on, but haven't reported to the TA? Are those MAGIC shares? Were they sold by the same giant who sold Jack his BEANSTOCK BEANS??? 

You are an IDIOT.
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