Replies to post #26874 on iQSTEL Inc (IQST)

[PokerStar]

Regardless of the term you want to use....."short selling" is allowed by MMs to create the market. They sell short when large ask slaps happen, then cover them by buying them on the bid. Either way, the price continues to be manipulated in a downward spiral, regardless of all the positive PRs we've had since touching the $2.00 mark a few weeks ago. If there is actual conversions going on, I'd say it is minimal as these debts converted into shares should have a leak out provision. I guess we'll learn more as the filings are released. Either way, there is more than enough buying pressure to overcome what is possibly being leaked into the market, IMO. The good thing is, when the manipulation is done and they let it run, any losses on paper we may be seeing will turn to mega profits in a hurry. Peeps seem to be just watching and waiting to see how low these crooks are willing to take this......I have my fishing net out for more cheapies along the way if they are willing to give them to me.






PokerStar

[moneyman2013]

misteroldman: not to dispute you, but while it is "banned" it still occurs. I would do a bit more reading on the issue. Basically, you appear to trust the Foxes to tell you that the Chickens are safe. These companies know the loopholes, and have Lawyers at the ready if they are caught. They pay a fine, and continue on...if you are a company doing $700Bn annually, paying a $70Mn fine is (to coin a phrase from Monty Python's Holy Grail) "Tis but a scratch"...

(https://corporatefinanceinstitute.com/resources/knowledge/trading-investing/naked-shorting/)

"Naked short selling was prohibited by the Securities and Exchange Commission (SEC) in the United States following the 2008 Global Financial Crisis. The ban was, in part, a response to the belief that naked shorting had contributed to the collapse of Lehman Brothers, which was a major catalyst for the ensuing market crash and financial crisis.

Before banning naked shorting outright, the SEC initially sought to limit the practice through Regulation SHO. However, the regulation, which required the listing of stock with high levels of failure to deliver transactions, was eventually found to be largely ineffective in preventing naked short selling.

There is widespread disagreement as to how effective the SEC’s ban on the practice has been, with many arguing that the SEC’s rules concerning short selling are both ineffective and often not enforced.

(https://www.investopedia.com/articles/optioninvestor/09/naked-short-selling.asp)

"Naked shorting is the illegal practice of short selling shares that have not been affirmatively determined to exist. Ordinarily, traders must borrow a stock, or determine that it can be borrowed before they sell it short. Due to various loopholes in the rules, and discrepancies between paper and electronic trading systems, naked shorting continues to happen."