3 ms·
> Naked short selling has no effect on an issuer's total shares outstanding An overspecific dementi: Surely, it has no effect on issuer's total shares outstand
by dmichulke 6y ago
> Naked short selling has no effect on an issuer's total shares outstanding
An overspecific dementi: Surely, it has no effect on issuer's total shares outstanding but on shares outstanding.
GME had 140% short interest, issuance was 100%, so there was -40% float. So there was less float than for a non-publicly traded company (which would be 0)
How would you like it if I sell more than 100% of your company? Should I be allowed to in the first place?
"significant confusion" indeed