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Re: lotterystk post# 1892

Sunday, 10/04/2009 11:40:34 PM

Sunday, October 04, 2009 11:40:34 PM

Post# of 19693
I am not an expert on what happens to naked shares............IMO, at some point the market maker that lent out more shares than he has, has to balance the books. Changing the name require old shares to be exchanged for new ones, this forces then to balance the books.

The way I understand it is, if they don't have enough shares they have to go to the open market to buy the shares, that is what causes the price to go up. As the price goes up...........people will eventually be willing to sell.

I don't know if this sort of thing can break the bank........:)

I don't know. Interesting thought.......Either way, the stock will go up. I guess the company could settle with the guilty party..I don't know.sounds like way fun.