Replies to post #63424 on ProText Mobility Inc (TXTM)

[Sallie5656]

Plandai was at .07 before all this started and that was with just green tea.

[29YEARINVESTOR]

TXTM is a no-brainer Way under valued. No wonder it did not run with nice volume Friday. Who Naked shorted TXTM 98% Friday? MM's have 21 days to cover or possibly work around the rules by creating or through another account!

https://www.otcshortreport.com/company/TXTM

FINRA does not even show us Naked shorts, but they have delivered Many Fines for it!
Ouch

https://www.wsj.com/articles/interactive-brokers-fined-5-5-million-for-naked-short-selling-violations-1534797834

Ouch!

http://www.finra.org/newsroom/2014/finra-fines-merrill-lynch-total-6-million-reg-sho-violations-and-supervisory-failures

Market makers have special exemptions from the rules: they are allowed to carry a naked short for up to twenty–one trading days before they have to borrow a share or possibly work around the rules by creating or through another account. LOL! That was Easy! Until it Ain't! LOL!
The only Real way for a company to Trap Naked shorts is to buy up and hold every share.
I Naked or Not would hate to be short TXTM!
Good Luck and Happy Trading!