Replies to post #6386 on Artistmss Intl Group Inc (AIGI)

[Grey_Man]

I don't know dude... This is insane. Unless many people are lying, we are way above the float right now. Up to 72,954,855 shares held now.

Grey_Man - (post: 6307) 2,795,955
fireballz - (post: 6309) (about) 6,000,000
FloatCleaver - (post: 6310) (about) 6,000,000
HIstocks - (post: 6313) (over) 7,000,000
vulken17 - (post: 6315) 14,000,000
Reds0x88 - (post: 6316) 3,000,000
bigpickker - (post: 6318) 3,500,000
dc_dude - (post: 6323) (over) 1,000,000
PennyMaster7 - (post: 6325) (over) 2,300,000
thelionwarrior - (post: 6326) 1,300,000
Whopperman - (post: 6328) (just under) 1,000,000
eddy123 - (post: 6330) 1,400,000
Disher - (post: 6334) 3,500,000
Msnake - (post: 6344) 3,000,000
nofear (post: 6348) - 1,000,000
ccnp - (post: 6349) - 1,000,000
AmounRah - (post:6357) - 606,900
seymore4873 - (post: 6358) - 524,000
h2ojim - (post: 6362) - 360,000
madcabbage - (post: 6366) 2,500,000
R U Kind - (post: 6367) 2,000,000
WhiteSwan - (post: 6369) 1,400,000
haolepopolo - (post:6370) 465,000
EuropeanChick - (post: 6371) 2,000,000
Speakerboxxx - (post: 6372) 303,000
stockmrktguru16 - (post: 6373) 2,000,000
rudyboy - (post: 6384) 3,000,000

Total current count (supposedly):

2,795,955 + 6,000,000 + 6,000,000 + 7,000,000 + 14,000,000 + 3,000,000 + 3,500,000 + 1,000,000 + 2,300,000 + 1,300,000 + 1,000,000 + 1,400,000 + 3,500,000 + 3,000,000 1,000,000 + 1,000,000 + 606,900 + 524,000 + 360,000 + 2,500,000 + 1,400,000 + 465,000 + 2,000,000 + 303,000 + 2,000,000 + 3,000,000 = 72,954,855

[downthehatch]

Mad-
They don't have to come from anywhere--- until the shorts have to deliver.
In other words, they can sell shares they don't own, on the promise they will deliver them by a certain date.

It is not illegal- it is called "naked shorting" meaning they are selling shares they don't own. "Covered shorting" is selling the right to buy shares that you DO own, and is a way to maximize revenue on shares you hold, at the risk of losing them.

Naked shoring is risky, but not illegal. It must pay off on a regular basis for these guys, or they wouldn't do it.

But every once and a while--- like on our little AGIJ--- they can get caught in a squeeze, where the price stops dropping, and they have to cover at prices higher than where they sold.

NICE for US!!