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Maybe they should be looking at the mass of naked shorting by Hedge funds - which is the REAL manipulation... And NOT people engaging in the normal market mec
by ycombigator 6y ago
Maybe they should be looking at the mass of naked shorting by Hedge funds - which is the REAL manipulation...
And NOT people engaging in the normal market mechanisms that the market uses up establish value - i.e. buying.
- ryanlol 6y agoDo you have any evidence of this happening?
- sneakerblack 6y agoThe ~130% of the shorted shares? This means that there are some shares out there that are basically IOUs and not actual shares On top of that, market makers are legally allowed to sell naked shorts as long as they find a share to cover that short within 3 days, likewise with naked puts and naked calls but with different time spans: http://counterfeitingstock.com/CS2.0/CounterfeitingStock.html http://counterfeitingstock.com/CS2.0/CounterfeitingStock.htm...
- ryanlol 6y agoThis is not evidence of naked shorting.
- cheaprentalyeti 6y agoIf the first thing you do is put SEC investigators out there to see who shitposted, you won't _find_ evidence of naked shorting even if there's naked shorting out there.
- ryanlol 6y agoWhy should SEC be investigating naked shorting right now, without any evidence of naked shorting happening?
- deleted 6y ago[deleted]