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underdog150

06/12/08 8:39 PM

#181399 RE: crashman #181395

If I own a 500 million share unrestricted CD, I can short
the whole thing and since I own the shares, it will never
show up as naked anything.
Naked shorting involves shorting shares you don't own and
can't be bought because they aren't available.
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lightbeam

06/12/08 9:23 PM

#181409 RE: crashman #181395

Think what happens when they buy and sell many times in the same day??????? I can do that with out margin, with settled funds!!!!!!!!!!!!!!!!