Replies to post #220718 on CMKM Diamonds Inc (fka CMKX)

[lmbass]

Once again you show your complete lack of understanding of how the market works.

I personally don't know of any certificate you can get for a shorted share, but you feel free to enlighten me.



Whenever an investor purchases a share that is the opposite side of a short selling trade the buyer of that share has a 100% legitmate share and all the rights that go with it. He can request a certificate for that share.

The owner of the "Borrowed" share no longer owns it but has the right to get a replacement share back in order to trade it himself or convert it to a certificate and the right to any dividends that may be assigned to the share.

[fung_derf]

stocky....

So you are saying I can print phony certificates of IBM up and you know a brokerage that will take them?


Good question. I think you should try. It would be a good way to test out my theory.