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appalled

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appalled

Re: Jerry70 post# 3455

Friday, 05/24/2013 4:51:44 PM

Friday, May 24, 2013 4:51:44 PM

Post# of 12651
You are defiantly correct that something is not right with that trade or the following 850k share buy at .0059. In each case the published ask was 105,100 shares @ .064 and the published bid was 20,000 shares @.0055.

Both of these trades scream naked short sale. I thought naked short sales need to be covered in 3 days. There has been short selling--sometimes massive amounts for at least the month of May. How are all these short sales continuing without any buying to cover?
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