Replies to post #213533 on On4 Communications Inc (ONCI)

[ApollyonZ]

ONCI! MM accumulate form the spread, and naked short that is a fact not up for speculation.

Explains Illegal Naked Shorting Being Perpetrated By Major Market Makers on MAXD Shares
8,117,878,650 shares shorted in the past year, which is more than 40% of MAXD’s total trading volume

https://globenewswire.com/news-release/2018/06/14/1524626/0/en/Explains-Illegal-Naked-Shorting-Being-Perpetrated-By-Major-Market-Makers-on-MAXD-Shares.html

Whistleblower Vindicated: Massive Trading Firm Knight Capital Charged With Abusing “Naked Shorts”

In a “naked” short sale, the seller does not borrow or arrange to borrow the securities in time to make delivery to the buyer within the standard three-day settlement period

https://www.sec.gov/investor/pubs/regsho.htm

Citadel Securities Paying $22 Million for Misleading Clients About Pricing Trades

https://www.sec.gov/news/pressrelease/2017-11.html

https://theintercept.com/2016/12/15/whistleblower-vindicated-massive-trading-firm-knight-capital-charged-with-abusing-naked-shorts/

Its not a matter of blame but a matter of how "Brokers-traders" profit$. I am the least worried about it because sooner or later MM will get fined even for trying to walk price down.

all the best