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I don't think it's a non-story the fact that some market participants can short sell non-existent amounts of stocks. Is this common knowledge? Did everyone alre

by oneloop 10y ago

I don't think it's a non-story the fact that some market participants can short sell non-existent amounts of stocks. Is this common knowledge? Did everyone already know this but me?

wcummings 10y ago
The CEO of Overstock has been loudly complaining about naked shorts for a while https://www.overstock.com/naked-short-selling.html https://www.overstock.com/naked-short-selling.html
cloudjacker 10y ago
Yes? I mean software engineers don't typically know, as well as everyone that abstractly dismisses the finance profession because "those guys have no souls and destroy the economy" But there's allot of interesting nuances there and knowledge is power