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Re: EliteYoda post# 50517

Thursday, 07/21/2011 8:20:31 PM

Thursday, July 21, 2011 8:20:31 PM

Post# of 93140
Yes , you have the right idea and CJ is wrong saying there are no naked shorts. Thursday when we dropped NITE or another was naked short selling to the buyers on the way down. Those shares were not borrowed or bought to cover the short and the position is in limbo until the naked shorts are covered. As long as it has a lock the shorts do not have to be covered.

This is the real scam that is going on.

JMO
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