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3050 Biscayne Boulevard, Suite 604, Miami, FL 33137 Phone: 212-260-1332
Posted on 01/29/2021 10:48:58 AM PST by libh8er
OOPS 4 half baths!!
3050 Biscayne Boulevard, Suite 604, Miami, FL 33137 Phone: 212-260-1332
“There is nothing illegal with selling a stock short.”
Well there is a restriction on naked short selling, that is when a stock is sold short without borrowing it first.
That’s how you get 140% of the float sold short.
Someone who is full of cr@p?
Unbelievable!
good on him! great house.
Not sure what you mean on the first point, but shorting more than 100% of the stock you own is not illegal.
It’s more than that from what I have read. It’s how you get over a 100% short ratio.
A broker allows shares of a stock to be “borrowed”, only to be sold (short selling). Those sold shares then are available to be “borrowed” for a second time and ultimately sold again.
In theory, there’s no limit to how many times the shares can be borrowed/sold, as part of a short selling strategy. I’d not be surprised if the big hedge funds work together to sell each shares that are already borrowed/sold to increase the spread.
It will drive you crazy trying to figure out what the hedge funds are doing.
He can learn to make solar panels
So, the people that did that need to go to jail.
Why is this so difficult for people. If we enforce the rules we have, this crap could be avoided.
Not good on him when he and his kind gets brokerage firms to suspend trading because his firm was taking a hit. That's the point of the story. One set of rules for the elite/ opulent class and another for the regular folk.
Citadel didn’t own it.
That’s the issue.
The group home with all residents that work at the local Chipotle?
The problem lies with naked shorts that enable more shorts than shares. I have no bro lemme with boxed shorts. Do what you want with them if you own them.
Gamestop short-seller revealed as “SELLER” of $44M Miami Beach property: sources
There fixed it for currant events!
Ken Griffin is said to be a Republican backer.
I think it’s Bed, Bath and Beyond that announced it’s not going to sell My Pillow. I hope they go bankrupt.
They are taking a bath.
Let’s hope so, as they gave money to Burn, Loot, Murder.
-PJ
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