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goarmy123

07/21/15 11:22 AM

#15904 RE: change-for-a-buck #15902

My understanding is, MM's can NAKED short for liquidity when a float is locked. Hence the term air shares! Also, most MM's never cover and just continue to NSS (naked short sell) air shares untill a company is in the trips before or even if they decide to cover. Why cover when they have sold you something that doesn't exist?
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midnightexpress

07/21/15 11:34 AM

#15905 RE: change-for-a-buck #15902

OK