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Sunday, 08/19/2012 12:04:02 PM

Sunday, August 19, 2012 12:04:02 PM

Post# of 312015
I don't post often, but I have questions that should be on some investors minds. I chose not to get into the battle over "huge short position VS no short position."My questions are based on the following... OK lets say that someone naked shorted JBII to the tune of 10 million shares.

1) Why does moving to a higher exchange have any effect (as posted by many)?

2) So there are 10 million "fake" shares. How do they determine who bought those shares and....

a)will the buyer lose those shares because they never existed if the shorting party cannot cover the position? I.E. bankrupt and cannot buy back the shares.

b)will JBII be forced to increase the shares outstanding to make up the excess shares in circulation if they cannot cover?

TIA