You will find nowhere that I have told anyone to sell. I rather prefer that those who do buy be informed and some here (longs) see this as a problem. Trading of any kind, short or not, isn't very productive with a ticker that has traded petty much sideways with low volume for a year and a half. If one was incline to short this company they would be better served to wait for the reverse split and short the massive dilution expected from the regulation "A" offering. What is the purpose of a long in promoting this mythical 'naked short' narrative?
Myth #2: Naked shorting is unethical and/or illegal Naked shorting occurs when someone who is short a stock fails to deliver its obligation to the buyer. This is illegal to do intentionally, but is rare.
When failing to deliver occurs, their broker will tell them to fix the situation. There’s a lot of legal risk for no gain.
Myth #4: Shorting hurts a company and can drive it to bankruptcy
Companies go bankrupt because they can’t pay their liabilities. It’s never because short sellers drove the price down of the stock down.
Short sellers that have fundamentals-based reasons for shorting a stock are also not going to short companies that are healthy and fairly priced (or undervalued).
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