InvestorsHub Logo
icon url

WillieWonka

06/19/19 11:28 AM

#21157 RE: Sheepdog #21155

You got that right. That's
the MO of the penny shorter!

WONKA Out
icon url

29YEARINVESTOR

06/19/19 11:32 AM

#21158 RE: Sheepdog #21155

Yep! Corrupt brokers and there Smuzzy naked Short MM's false clams, Lies and deceit are indeed normal in Pinkyland. How else could Corrupt brokers and there Smuzzy naked Short scamming MM's take money from others?
Well there is always the old hold your Dividend shares hostage for Absurd Ransom Fee trick. LOL!

Most Naked shorting is done by MM's because it is Legal for MM's to naked short in the name of making a market, without any cost to them. MM's have 21 days to cover there naked shorts but have learned how to bend and break the rules by passing the short Buck on to the next MM.
So those that make false claims or say it's not Happening please explain why Finra is continually Fining them for abusing there Naked Short Market Making privilege. LOL!

Google is a good place to start. Here are a few Finra Fines I googled. There are many many more.

https://theintercept.com/2016/12/15/whistleblower-vindicated-massive-trading-firm-knight-capital-charged-with-abusing-naked-shorts/
Ouch!
https://www.wsj.com/articles/interactive-brokers-fined-5-5-million-for-naked-short-selling-violations-1534797834
Ouch!
https://finance.yahoo.com/news/south-korea-fines-goldman-sachs-071616308.html
That's only a few of the corrupt Brokers and MM Naked short Finra fines there is a whole lot more That can be Googled.
Another thing is for sure shorts hate dividends also.
Here is why:
https://www.sec.gov/answers/shortsale.htm
The short seller will be responsible for the dividend.
No worries here. My DD tells me it's Naked shorting MM's that abuse there Market Making Naked short privilege and Yes it is ridiculous the amount of abusive Naked short interest that MM's have been shorting GCAN and others.
icon url

No-Quarter

06/19/19 11:34 AM

#21159 RE: Sheepdog #21155

Exactly, this is why posters bringing facts with verifiable links to this board is so refreshing.