yes, but that's 43,000 cats. Getting all to do anything is impossible. The other way is to hold your shares in Cirt form.
That would be quite a burden on any shareholder and even then the Naked Shorts would attack. They DO NOT NEED TO BORROW SHARES. It is as if they have a printing press. Only earnings will kill the naked shorts.
If any reader does not follow what a naked short is just ask.
I was in a deal that we did this. A director shorted some stock not knowing what I had accomplished. Yes, a Director.
Now this is serious and not a joke
I wasn't sure how it would work out exactly so this is what I did.
I saw the volume, I knew that jerks exact short in the low 1$ range. So I had the only shares that could trade without my permission.. Think I am kidding? No, I am serious. I put in a sell order for the exact short amount at 7 or 8$. Cant recall exactly.
About 20 days later, my best Pal, my Broker calls laughing. He then tells me it filled. Gap opened from around 1$ to 7 or 8$
True story. I gave that director an ultimatum in the Board Meeting. My way or he is fired. He said I was bluffing. I asked the companies top supporting broker who was in the Board Meeting do I bluff.
Broker answered no. Director refused to obey orders. I fired him and another director in that meeting and the shareholders took command under a new Board. All true. The single director remaining was an old client of mine from the 1970s. An honest man.
Now that was a funny story from 20 years ago.
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