Replies to post #308462 on Bioelectronics Corp (BIEL)

[Gailm]

While I have heard jackals in the might

Say it is possible to short naked....it has been IMPOSSIBLE since the electronic QUSIP matching protocol established a number of years ago. Attempting to defeat that system is a FELONY. And offshore Reg S is nearly 3 decades dead at this juncture.

So that newbies aren't confused with misnomer and even intentional LIES, if you want to short a stock, you must OWN the stock or borrow stock from a broker. That requires a fee, and a CASH BALANCE in your trading account to cover calls.

But hey, reality here .... this total piece of shit stock only trades at 4-5 ONE HUNDREDTHS of a penny, and most days total trading vale (UNLESS I AM DUMPING AS IN PREVIOUS WEEKS) rarely exceeds about $5,000. I mean in realistic terms who would bother to short a near non-existent stock as BIEL? Assuming you could to start with.

$ 5,000 in some circles ( absolutely not here) is a very good bottle of wine, but hardly a gnat on a horses ass of a stock trade.

The sad...becoming sadder...truth is the pundits can't mortgage anything to play the game, they are out classed, out financed and running on decades old rumors of a SCAM GIZMO.

It's embarrassing, but a definitely study in stock psychosis.