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Re: MAGA90210 post# 12225

Wednesday, 05/29/2013 4:02:55 PM

Wednesday, May 29, 2013 4:02:55 PM

Post# of 79883
actually, no

if you call your broker and you formally sell a stock that you don't own, as the Funder is planning to do, then you are officially shorting the stock

get it now?



Ok let me help you... I feel bad for you.... That is not a short.. A short is a call my broker to get a locate.... Once the broker has located .. I then can start shorting... What selling stock BEFORE the cert is delivered...(done all the time). The cert covers the sale. If the cert is delayed for whatever reason afterT+3 the broker can "buy in". Happens all the time.. In this case if that we're to happen Mimv would be penalized. Got it?

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