ausbricht, möchte ich noch einmal ausdrücklich darauf hinweisen, dass das das folgende ein von mir verfasster Text ist, was man schon aufgrund seiner Holprigkeit merken müsste.Naked shortselling by Local Corp had crossed after my estimates 10 million shares and could be about 12 million of 23 million oustanding shares
Naked shortselling were not counted and reported, because a not legal naked shortseller must only make a cross, that he can deliver - if he can or not. Any control, if he can deliver, doesn't exist. Most brokers of naked shortseller’s know, that their clients can’t deliver, but they accept the cross - and the sale were not counted as naked shortsale and as a result: this shortselling were not reported.
Criminal brokers must not fear the SEC or Finra, because a systematic control doesn't exist - but most criminal is: that a control of the existing rules is very simple, but the SEC and Finra don't want to control the rules.
But on the other site, Libuda had never could buy 117,300 shares for low prices without the help of the naked shortselling. And every shortselling must be covered one day - legal shortselling with share-lending and not allowed criminal naked shortselling.
Naked shortselling were not counted and reported, because a not legal naked shortseller must only make a cross, that he can deliver - if he can or not. Any control, if he can deliver, doesn't exist. Most brokers of naked shortseller’s know, that their clients can’t deliver, but they accept the cross - and the sale were not counted as naked shortsale and as a result: this shortselling were not reported.
Criminal brokers must not fear the SEC or Finra, because a systematic control doesn't exist - but most criminal is: that a control of the existing rules is very simple, but the SEC and Finra don't want to control the rules.
But on the other site, Libuda had never could buy 117,300 shares for low prices without the help of the naked shortselling. And every shortselling must be covered one day - legal shortselling with share-lending and not allowed criminal naked shortselling.