Replies to post #6361 on KCG Holdings (KCG)

[yourwishismine]

Call me stupid (hell the old lady does anyway) but what is a "naked" short... I understand what shorting a stock is, but I'm not sure what you mean by a "naked" short?

[SevenTenEleven]

KCG - NITE holds 50% of the proven short of just this one company. Imagine how many others NITE is on the hook for?

Does HDSN hold the other 50%? They are no longer a broker. They filed with FINRA stating that they no longer met their capital requirements.

NITE and HDSN were the two biggest naked short sellers on the poorly watched OTC for years!

[shanon1]

What is this company? could it be HESG