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Bullboard - Stock Discussion Forum Northern Graphite Corp V.NGC

Alternate Symbol(s):  NGPHF

Northern Graphite Corporation is a mineral resource exploration, development, and production company. It is engaged in the acquisition, exploration, development and production of graphite and other battery mineral properties. It is focused on producing natural graphite and upgrading it into high value products critical to the green economy, including anode material for lithium-ion batteries/EVs... see more

TSXV:NGC - Post Discussion

Northern Graphite Corp > Naked short selling
View:
Post by Harley103 on Apr 01, 2024 6:47pm

Naked short selling

https://www.youtube.com/watch?v=AvI1H0IsHnM+


a very good listen, would explain an awful lot of issues mining companies are facing,

Comment by 1student on Apr 01, 2024 8:37pm
Harley103, This short exempt status which these special kinds of always "full servicing" "market maker" outfits are allowed to retain has been no secret, and if it is considered by others to be some secret, such others should know it's been an open secret amongst the senior representatives of Canada's chartered banks owned and underwritten broker dealers and also the ...more  
Comment by Harley103 on Apr 02, 2024 8:19am
KEY TAKEAWAYS Naked shorting is the illegal practice of selling short shares that have not yet been determined to exist or that the trader hasn't secured in some way. Ordinarily, traders must first borrow a stock or determine that it can be borrowed before selling it short. Because of loopholes in the rules and discrepancies between paper and electronic trading systems ...more  
Comment by 1student on Apr 02, 2024 1:44pm
Harley103, The employees of that AI trading programs employing and "related party" market maker were recently hired by NGC officers and directors. Said kind of full servicing market maker employees are relying on the very short exempt status at issue, as are the multitudes of market makers who sell short, any which way they can, a given company's equities in an overall effort to ...more  
Comment by Harley103 on Apr 02, 2024 6:34pm
You are fixated on market makers. Tha problems are big banks, hedge funds and mutual funds. Market makers in these conditions play an important roll to stabilize a share price. Do you think NOU would be trading at these levels if naked shorting wasn't an issue. Doesn't matter how great a NR might be for a company stocks don't react correctly. A few years back the venture exchange would ...more