Cartel Blue Inc (CRTL)

[amc]

The reason we are on the SHO LIST.

"Naked short selling" happens when someone sells a share of stock, and then fails to deliver it.

However, there is such a thing as the legitimate short sale. Here, the seller first legally borrows a share of stock, then sells it. The seller hopes to buy it back at a lower price before returning it to the lender. The shorter's profit is the difference between the sale price, and his later buy price. The seller is counting on a decline in price. Sell high, buy low. Short selling is legal as described.