The SEC says failure to deliver is not necessarily short selling - 1% of shares each day have failiure to deliver... but it sure looks interesting that the 1% keep hitting CDBT.
I belive it is naked shorting (more knowledgable feel free to butt in)... in essence you are selling shares without giving ownership to the buying party - you are creating more supply and we know what happens to a stock price with lots of supply.
Has a sentence of failure to deliver... Saw a video about it once on web that was very good.
My question is can it go on forever? I am betting not. Supressing price means that the company can't raise captial at a proper rate but CDBT has vaults full of cash.
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