Replies to post #2604 on Globalnet (fka GLBT)

[surfkast]

Selling stock one does not own. Or as I call them "Electronic Phantom Shares."

"Naked shorting" refers to "shorting" a stock for sale without first borrowing it.[1] The risk that one may not be able to then acquire the shares needed to deliver on the sale is a contributing factor to the controversy surrounding this practice.