Im simply clearing up the false information that DBMM is being shorted when there is 0 documented proof to support any shorting taking place. There is on the other hand pleanty of proof there are 0 shorts in DBMM however. First being SEC rule 15c6-1. Then we have the fact FINRA is reporting 0 failed to deliver. A stock cannot have a significant short position without a FTD being issued. DBMM has 71,027 short at last report with 0 FTD so they are all accounted for. That means there are 0 Naked shorts in DBMM.
Great news if it's shorted by Wall street the big guys, then the squeeze might even be bigger than imagined. Let's all help squeeze them. I'd be curious cause unless one has at least 10 million shares which would at .10$ net a million dollars (is the math correct?), they are NOT willing to sell/dump. I am not too sure most of us here do have 10 million shares, if yes, at .10$ people might dump it all, but is that their goal? So let's all hold till we can squeeze the big guys and since they have lots of money anyway, it'd be a nice wash.. go DBMM and Happy Thanksgiving Y'all.....
"A number of lawsuits that involve naked shorting have named about ten of the prime brokers as defendants, including Goldman Sachs, Bear Stearns, Citigroup, Merrill Lynch; UBS; Morgan Stanley and others. The DTCC has also been named in a number of lawsuits that allege stock counterfeiting.
The identity of the shorts is somewhat elusive as the shorts obscure their true identity by hiding behind the prime brokers and/or hiding behind layers of offshore domiciled shell corporations. Frequently the money is laundered through banks in a number of tax haven countries before it finally reaches its ultimate beneficiary in New York, New Jersey, San Francisco, etc."
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