naked shorting is illegal and these shorts by nature are naked until the exercise of the warrant, they are sitting in a dark pool somewhere with a FTD next to it, fail to deliver, they just sit there .....its all illegal, that's why its called NAKED SHORTING, you or I couldn't do this, its not being done at any firm , its a dark pool that clears its own trades and plays by there own rules unrestricted....... yes they are liable for the delivery at some point if the company doesn't go bankrupt and most do so the position never gets covered and the pool keeps the credit, but they are hedged by the warrant in this case . that is my belief, so there is no margin call or compliance here these dark pools have billions and are set up for these types of plays, this could be a Big Pharma dark pool that has been leaning on NW BO all these years , if LP let the warrants expire than we were talking a different situation putting then at risk
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