Replies to post #73312 on Kraig Biocraft Laboratories Inc (KBLB)

[TRUISM]

I once again thank you for your OPINION.

If representatives of both large and small firms alike are stating that it INDEED is going on in penny stock land and by some hedge funds,etc.,....

Never mind,...you have your information and I have mines.

It's convenient to point the finger at the closest person "in the room" but the market is too big a place (otc included) to discount others.

Shorts make money and get squeezed from time-to-time;it's inevitable.

When that "ORANGE JUICE" type of "squeezing" occurs,it won't be the longs complaining....

Not in the least.


Enjoy your trading day.



KBLB....more than just a ticker symbol.

WE Can and We Will....Succeed.


Take care and God Bless....God Bless Us All.



T4O



WE'RE THE REAL DEAL IN STEEL APPEAL....PERIOD

[TRUISM]

the only ones who could possibly do it and benefit from it is csc...

Could you explain how CSC would be the only one to benefit from shorting.

Since I pride myself on being unbiased,i'd like to view your thoughts on this.



KBLB....more than just a ticker symbol.

We Can and We Will....Succeed.


Take Care and God Bless....God Bless Us All.


T4O



WE'RE THE REAL DEAL IN STEEL APPEAL....PERIOD

[first mike]

Naked shorting of OTC stocks.

there is no significant shorting in kblb..the only ones who could possibly do it and benefit from it is csc...but I see no indication they are doing so...

I do not have any firm knowledge of the total amounts of naked shorting of KBLB and other OTC stocks.
The reason neither you nor I have this information is that, by means similar to those described in the articles, it is hidden from public and regulatory view.

The exact analogs of the buying, selling, and clearing brokers described in these articles are, in the OTC world, the Market Makers.
While individual retail traders are unable to sell either covered or naked shorts of most OTC stocks, the market makers have that capability and seemingly exercise it regularly.
All market maker shorting is naked and all is hidden as they do not have any per transaction reporting requirements.

For a description of just how MMs go about cheating the public see the "MM Tactics" board here on ihub

CSC is totally unable to benefit from selling KBLB short as they are contractually REQUIRED to accept stock PUT to them by KBLB.
If CSC were to attempt to sell KBLB short they would be shooting themselves not in the foot, but in the head!

Mike L.