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surfkast

07/18/23 10:58 AM

#341668 RE: MrSmith18 #341667

You don't have a clue what a MM does do you? They lose money on some trades. But they makes tons on most others.

But it is easy to fantasize about naked shorting.

In the OTC alone they trade 100 - 250 billion shares per month. Over a trillion a year!
https://otce.finra.org/otce/marketStatistics

HMBL was nothing to worry about.

If you do some real DD, HMBL only dumped about 3 billion shares. 3 billion must have been a real crushing blow out of a trillion.

As of September 30, 2020, the number of shares outstanding of our Common Stock was:
1,137,094,777

Outstanding Shares
4,019,622,546
07/17/2023
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I-Glow

07/18/23 3:50 PM

#341669 RE: MrSmith18 #341667

Your answer for everything is naked shorts and there wasn't any naked shorting of HUMBL.

Shorts could have been buying to close an open position.

Many were block trades where is is an agreement with a MM to buy the shares being dumped.

Or it could have been foolish novice investors buying the dip or Averaging down.

There is so very little naked shorting on the OTC - but someone is posting about naked shorting when it doesn't exist.

The recent changes to Reg SHO has made naked shorting almost impossible. I don't guess your video addressed that.

IG