Why short a 7/ten-thousandths of a dollar stock ? This crap is 7/hundredths of a penny. If one considers the costs to do this, a logical argument cannot be made for such utter nonsense.
*** - Short selling is an investment strategy that speculates on the decline in a stock or other securities price. The SEC adopted Rule 10a-1 in 1937, which stated market participants could legally sell short shares of stock only if it occurred on a price uptick from the previous sale.
***Why is Short Selling Legal? A Brief History - Investopedia
***SEC Charges Two College Professors in Naked Short Selling ...https://www.sec.gov › news › press-release *** An SEC investigation found that Gonul Colak and Milen Kostov repeatedly engaged in a series of sham transactions designed to perpetuate a naked ...
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