jeffree...I've known about naked short-selling since 2003. As I said here years ago, it is the biggest financial crime ever perpetrated against legitimate investors. Hundreds of companies have been naked-shorted into oblivion. Billions of dollars have been sucked out of our system.There IS no guarantee that when you buy shares of any publicly traded company you are receiving actual, authorized shares.
There is no way of knowing how many shares of IDCC, held long, are actual shares. Some with louder voices than mine, (Patrick Byrne and Matt Taibbi to name two) have been screaming about this for a decade now. (Also, I believe it was The Economist that had an article about naked short-selling a few years ago.) It is a complicated issue-----too complicated for our politicians and regulators to even understand, let alone do anything about it.
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