Replies to post #20426 on Sears Holdings Corp. (fka SHLDQ)

[dragon52]

You must be confused over short selling and naked short selling...

short selling is when a broker borrows from another broker...

naked short selling is when a broker sells shares they don't even own... and that is a problem should the ticker go up in price and they cannot cover the call... because they have no shares to cover it lol...