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Steel Penny

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Steel Penny

Re: None

Thursday, 09/26/2013 5:06:36 AM

Thursday, September 26, 2013 5:06:36 AM

Post# of 380514
Can anyone explain why the exchanges (and apparently the law) allow "naked short sales" - other than the obvious, making money. I can understand "covered short sales" - you're always at risk. But "naked shorts" - it's just selling something you don't own and if it were a car or real estate you would go to jail for fraud. Any thoughts would be greatfully received.

Go NTEK
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