"ALL Shares Are Accounted "...True...BUT Not the naked shorted shares !!!! Offshore NASS, synthetics...Phantom shares ! $DBMM existing huge NSS position + 700 Million shares to cover (conservatively quantity, could be a LOT MORE !)
Good story !! I called myself also in the summer. They CANNOT account for any illegally shorted shares. Naked shorting or phantom / synthetic shares. Which is what we are talking about in dbmm. Not the 10000 shorted shares mentioned here. They were very kind and said they didn’t mind me calling and asking at all. I urge anyone who wants to know if they can’t track any illegally shorted shares to call.
.50 to $2 The TA will not know if dbmm was naked shorted.
Because from SEC case READ BELOW! Key words "nor located" if cannot be located it cannot be tracked therefore and HENCE the TA will not know. Bwahaha oh my! trading 101 VETREAN traders should know!
"What is “Naked” Short Selling?
Naked short selling is unlawfully short selling shares that have neither been borrowed nor located. If sellers are engaged in naked short selling, then the volume of stock may be larger than the tradeable shares in the market, which can lead to sellers failing to deliver securities sold by the settlement date."