Many people on these boards don't really understand naked shorting. Or they are the shorts themselves trying to create confusion. You'll know when the shorts start to cover because the stock will move up quickly. Today is either legitimate shorting where somebody borrow the shares, naked shorting, or some type of large client who has a relationship with nite securities to sell all the shares that they can at the ask. Nite sat on the ask the entire day. Would not let it move up the matter how much buying came in. I personally bought 2 million shares today when I saw that nobody was selling. This is a very good sign. Now we just have to know why the market makers are holding the stock back. Where are they getting all this inventory from. I started this board to educate people on naked shorting. There are a lot of good articles, links and videos. Check it out. http://www.investorshub.com/boards/board.asp?board_id=9434
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