No company, anywhere, has ever been destroyed by naked short selling.
The excuse of "naked short selling" is a ruse, employed by crooked promoters and inept management teams, to shift blame for their nefarious activities upon others.
"The penny stock investor may be the most dangerous creature in the investment world, at least to himself.[...]His hypocrisy becomes most apparent when he then blames his losses on the greed of others." Robert C. Dugan, Director - JRM Capital