OTCPK:GNOLF - Post by User
Comment by
peterap2001on Oct 31, 2017 10:44am
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Post# 26881405
RE:RE:How To Break The 250 Million Share Naked Short:
RE:RE:How To Break The 250 Million Share Naked Short:A cert cannot be borrowed by the broker dealer to make delivery with because it is a paper cert held by the client. Normal shares are held by the BD in the client name, and their shares can be borrowed from inventory to make delivery through DTCC when someone opens a short position. A paper cert removes it from this pool, but it is harder and harder to get a paper cert issued.