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DR. EVIL

09/22/13 4:45 PM

#86833 RE: JMillio #86831

The FTD happen when someone sells a stock short without have first borrowed the share first (naked short selling)...they can't buy to cover because they never had the shares in the first place(phantom shares)...so there is a FTD...
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daveyo

09/22/13 4:46 PM

#86834 RE: JMillio #86831

They pay for nothing in return
A BIG FAT LOSE