Replies to post #306413 on Innovation Pharmaceuticals Inc (IPIX)

[TheHound]

No one. He was naked!

Suppose a naked short seller was short 100.000 shares that he shorted at $.20. The stock goes up to $5.00 (in my dreams); the short seller has a heart attack and dies broke. Who is left holding his bag of crap?

[cybermich]

Maybe the broker's insurance?