It is an academic discussion really. I think we fairly established that there are no naked short positions on BCIT other than MMs, who, due to SEC suspension of capital req., will likely get away scott free. What we do have, is fraud perpetrated by brokers who don't have any positions in BCIT on behalf of their clients, long or short. By law, they must supply certs to those that request them.
Each day I try to figure out how to make it clearer, but it doesn't seem to matter how clear it is...it over the heads of many here it seems.
There is no way around it...other than obfuscation and delay. Time is running out for them I gather.
The short that never needs to be covered is our Holy Grail. - jb1967lbk