So despite this being over ten years old maybe you can explain to us all what is outdated about it ? You’re adamant it’s outdated. Unfortunately the market is flooded with more shorting and naked shorting than it ever was. Hence Gary Genslers self proclaimed crack down on the NS problem rampant in the market. Every year they’re are more and more illegal means For hedge funds and brokerages to print more and more phantom / synthetic shares. These failed to deliver shares remain in limbo until the company stock price dives and the naked short position is cleared, the company goes under or the margin is called. These shorting practices primarily focus on new companies which means the OTCM is a playground for these illegal practices.
And to say “ irrelevant to DBMM” is laughable. All the longs know there are hundreds of millions mayne billion + of shares shorted and we are happy to wait till the dust settles!!!
Nothing has changed for the better since this was written, it’s only become more rampant. #dbmm.
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