Taat Lifestyle & Wellness Ltd. C.TAAT

Kiting - You see it with TAAT daily

[poolman]

kiting - You see it with TAAT daily - move position from one broker to another endlessly

The most insidious aspect is this, though: The funds behind these big naked shorts are highly sophisticated machines that can easily take full advantage of any loopholes, not to mention the Canadian regulators. We have talked to dozens of lawyers and traders who attest that these naked shorters have had no trouble staying naked for months when the actual limit is technically two days. That kind of time frame is destroying companies. 

As we noted in our recent expose on naked short selling, this harmful setup gives traders the ability to endlessly sell phantom shares and manipulate the share prices to their benefit in a direct challenge to the free market.

If the task force makes good on its plans, it would essentially make it impossible to do any naked short selling. 

 

https://markets.businessinsider.com/news/stocks/is-this-the-beginning-of-the-end-of-naked-short-selling-in-canada-1030411496

[poolman]

kiting - You see it with TAAT daily - move position from one broker to another endlessly The most insidious aspect is this, though: The funds behind these big naked shorts are highly sophisticated machines that can easily take full advantage of any loopholes, not to mention the Canadian regulators. We have talked to dozens of lawyers and traders who attest that these naked shorters have had no

[poolman]

Perhaps some of the kiters are trying to get square with the IIROC naked shorting mandate this morning.