Pervasip Corp (PVSP)

[DSherman]

No, although you do need a margin account to short you have only borrowed the stock against your account. When you cover the ( margin loan for borrowed shares) by purchasing open market shares the borrowed shares are taken out of escrow and returned to the brokers treasury; you now own the covered shares you purchased in the open market. Now, naked air shares are never borrowed and don't actually exist, this is illegal and many usually get caught.