Forget about naked shorting issue. There is very much NOTHING you can do about it. I was on phone with FINRA few times in period of few weeks ... conference calls and all with few officers to try to deal with naked shorting on my main stock holding. Basically it comes down to:
1) you must have information of trades: broker, amount trade, time, order number ... and print screen
2) few brokers can work together: broker A naked shorting for x amount of shares, once the day comes that broker A has to find shares to cover his position he just get broker B to loan him shares ... it can keep going and going like a circle jerk.
3) MMs don't have to show real size, can keep showing 5000 if they wish too because customers can request them to do that.
Believe me, I hate naked shorting so much that i wish I had few million dollars or know someone who does and wants to get these naked shorties on their greedy track. I have plans how to do it just do not have the money or backer. I even have HOT business plan and story to get them on hook.
In any case, ACTC's chart looks yummy again. I hope that my main holding will do extremely well this coming week (it should)... I will add to my position here. I wish I waited instead of paying .106 for it but oh well, I will just have to avg down.
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