The shares in our RCCH accounts are real.
That's what I keep telling you. They are real. You bought them legitimately, they have settled legitimately. They are real.
They are the ones that must be covered, the ILLEGALLY shorted stock.
And where are those illegal, unsettled, undelivered, imaginary shares?
Second question.
You claim that brokers only report 'legally' short shares on the failure to deliver report. Since neither' legal' or 'illegal' short shares would be delivered to the brokers after a short sale, how can the broker tell the difference? If no shares show up within the three day delivery window how can he decide which ones to report? LOL