Replies to post #14428 on Zhuding International Ltd (ZHUD)

[Magnum7419]

I have never shorted a stock..which company are u referring to ?

[I-Glow]

So you really don't understand shorting - I am going to educate you - if there was offshore naked shorting. Check the FTDs - it is Zero.

"Anyone can short this offshore. No fees involved. So what island are you on?"

Now for edification on offshore shorting:

The “off shore shorting” myth is widely invoked in the OTC. For those that understand Securities Rules and Regulations know this is pure myth.

But like every good myth there has to be a small element of truth to it to keep it alive.

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.

I hope this helps so you won't post the embarrassing information such as:

"Anyone can short this offshore. No fees involved."

Why don't you post proof of your offshore shorting theory.

IG