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Re: freeworld71 post# 2604

Wednesday, 06/13/2007 12:31:36 PM

Wednesday, June 13, 2007 12:31:36 PM

Post# of 12444
Selling stock one does not own. Or as I call them "Electronic Phantom Shares."

"Naked shorting" refers to "shorting" a stock for sale without first borrowing it.[1] The risk that one may not be able to then acquire the shares needed to deliver on the sale is a contributing factor to the controversy surrounding this practice.

WHAT I POST IS ONLY MY OPINION.




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