there are no 'fake shares' of FFGO held in any brokerage accounts. every single share held is part of the 75 Billion OS.
everytime 'fake shares' or 'phantom shares' are mentioned it is regarding diluted scams like FFGO. - alien42
Plenty of stocks have been the target of naked short selling. And a number of those companies were not "scams" like FFGO. Although the GS's and the LB's of the world were likely ones doing the scamming before they too were scammed. All of this has been confirmed and made public. Yet it appears some do not want to acknowledge it.
I would suspect that TDA, ST, and possibly ET have billions of "book entries" in their accounts for place markers (IOU's) their market makers have deposited.
It would make sense for both parties to get shareholders to write down their shares as worthless, now would't it?
How easily those "book entries" would be closed and "taken off the books".
Regarding the 75B shares...
Nearly all of those shares are sitting in cert form. Not in retail traders' accounts.
How many does CEDE hold to back up retail shareholders? That would be a valuable piece of DD, now wouldn't it?
Tic Toc
Market Data 
Markets 
AI
