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mOe tHe mAn

06/27/12 9:34 AM

#15563 RE: king oil #15562

yup and no reason for the stock to go up since theres obviously nothing going on behind the scenes.

(can someone sell me their shares now, im ready to load :-) )

cheers,
moe.
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AlexI

06/27/12 9:36 AM

#15564 RE: king oil #15562

Though they were not borrowed from real shares, they do still exist, in the sense that the shares appear in shareholders brokerage accounts and have been paid for (with REAL money) by unsuspecting shareholders. So they must be covered at some point when it becomes not worth it to the MM's to hold them any more, unless they want to expose themselves to lawsuits (for not giving shareholders real shares)and other penalites from the SEC and other organizations if they're naked shorting is exposed.

GO AIMH!

Alex I