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GreenTea

08/18/11 10:23 AM

#63749 RE: JIMWJ #63744

Right, very difficult to enforce too.

GLTA!

Chris262

08/18/11 11:34 AM

#63805 RE: JIMWJ #63744

I am not saying naked shorting doesn't exist, but that is not the reason PCFG went down the last couple of days. Most naked shorts are reconciled very quickly. If that is not the case for PCFG, we will see it on RegSHO. I'll be keeping an eye on it.

Again, the spike down was mostly profit-taking and capital preserving with a little bit of shorting on the side.