Replies to post #33267 on Anavex Life Sciences Corp (AVXL)

[bleu22]

Lol! Yes they would. Just crazy!

[GuiNoir]

Bingo!!

[imho]

With over 10 million traded - a third of the float - you would think we would run out of sellers, especially considering the dumping on Friday as well.

where are the shares coming from? they wouldnt be naked shorting, would they?

Yes they would. Think about this: if you owe $1.00 in your margin account, the broker has the right to loan your shares out, for any of your positions. Call your broker and see if this is not true. So, when people say they are "long and strong" and yet they owe money in a margin account, they are in fact long and weak. Of course the brokerages like this a lot, they make money from the borrower (who is short your long position) and from you.

IMHO