Replies to post #5487 on Gamestop Corporation (GME)

[ignatiusrielly35]

Bingo.

[I-Glow]

Lack of understanding of shorting.

Many many years ago long before the various Reg Sho rules were put into place, a few OTC stocks were dual listed on a foreign corrupt exchange. Two biggies were the Berlin Boerse and the VSE. When they were listed there they could be shorted and not show up in any reporting regime within the US.

But in ALL cases the stock was clearly visible on that exchange and all the trades were outside the US not on a US Exchange or the OTC.

So that practice many many years ago is what lead to this “foreign naked shorting” myth for stocks only trading in the US....which has never been possible as all trades in the US must be through a broker registered in the US.

IG

[nygirl]

crooked politicians dont care...maybe if trump had been put back in office but we all know they were not going to let that happen....they did what ever they needed to do...swamp got rich off of all of this behavior

[janice shell]

And using what they are terming "synthetic shorting", ie; Naked Shortselling schemes...

No. Synthetic shorting is done with derivatives. It is not what most people would call "naked shorting". It can, however, cause serious market disruption.

Options MMs used a form of synthetic shorting to hedge their activity in stocks like Overstock. Eventually the SEC plugged that loophole, but others have been exploited in recent years.

Contrary to what you appear to believe, the Trump administration was not big on regulation. Perhaps something will be done now.