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cardmaster114

06/10/21 4:36 PM

#232606 RE: Stockanator1 #232605

There could be 1.5 billion naked short shares out there waiting for bankruptcy or will have to cover. The SEC is in a pickle. They do not want to grant pink status and cause a short covering. The delays are predictable. They caused this problem by ignoring the illegal trades. The Asher group filed for bankruptcy despite making billions of dollars on naked short trading. They dumped the responsibility of the DBMM short position on the brokerage house who backed the trade. Shares may be copied to other brokerage houses. The ripple effect could be huge. It may make Game Stock look like a picnic in the park. So the SEC is trying to run DBMM into bankruptcy so any decision will have no substance. This is all speculation and if real could be talked about for decades. If you have 700 million naked short shares and the company goes bankrupt, you get a 100 percent return on your money. Do that ten times and you make billions. Good luck to all and may the force be with you.