Tuesday, February 11, 2014 9:19:05 PM
That said, it does appear to me that you either have not read much of the due diligence that has been provided on this message board or you have chosen to ignore it.
And beyond that, it's apparent that you are not familiar with the details of Reg Sho which allowed existing naked short positions in many pink sheet and OTCBB stocks to be grandfathered in during the mid-2000s, rather than being resolved. The regulators' hope was that these huge naked short situations would be resolved favorably for the large institutions who had made billions of dollars with the naked shorting. That would have occurred when the small companies went bankrupt, so that no short covering would ever be required. You also did not know that you could short stocks trading in the trip zeros, until a very new poster Makinit posted that he made most of his money shorting stocks at that level.
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