Correct ....naked short ..very true...the rule i stated was not false.. brokerages can borrow your shares if you have a margin account and do not have a very high sell order gtc or 60 days..to cover low
Problem is you don't chat with all of them We know many that have done well and some that lost it all Chl: was a prime example of shorts getting killed Here if they get the pps over .60 and sustain .40 for 9 weeks many shorts lose bigtime