Paychest Inc (PYCT)

[2manystucks]

The Bloomberg video was a paid advertisement. Anyone can put together a crap piece like that. It's pure nonsense.

Cramer speaks to arranged derivative trades that cannot be done with penny stocks. If any naked shorting is done, it's done with liquid exchange traded stocks that involve complex derivative agreements. Those type of "naked shorts" are off market and have little if any influence on the stock itself.

Any proven naked shorting in pennies has been well documented. Typically it's done through PIPE agreements with rogue CEO's as being one of the main beneficiary of the proceeds. Or in JAGH's case, the rogue CEO naked shorting his own stock against his restricted shares.

Show me one proven case of a NSS penny that did not involve management and I'll show you your three eyed martian.