yes he states the anatomy correctly. I had a stock years ago it was estimated to have been shorted over a trillion shares, the company spiraled and out of business the company went. the crooks kept all their ill gotten gains without having to pay a penny in gains taxes because their positions were never closed. They call it a death spiral. Tens of thousands of shareholders lost everything and the DTCC refused to do anything likewise with the SEC. Crooks of a feather short together. Kinda like being a politician where you have no rules and can insider trade without consequence.
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