InvestorsHub Logo

Ludar

08/05/14 2:02 PM

#96203 RE: Dan7564 #96162

It was theorized that ONLY note converters could be shorting. The following quote is direct from Ihub.

On the NASDAQ, OTCBB, and Pink Sheets, market makers compete with each other by individually quoting the best bid and offer they're willing to execute a trade for on behalf of their firm or client. These market makers are required to maintain two-sided markets during exchange hours and are obligated to buy and sell at their displayed bids and offers. They typically do not receive the trading advantages a specialist does, but they do get some, such as the ability to naked short a stock, i.e., selling it without borrowing it. In most situations, only official market makers are permitted to engage in naked shorting.



Just information.