GREY:BZAMF - Post by User
Comment by
UserErroron May 10, 2018 11:18am
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Post# 28011587
RE:naked short selling
RE:naked short selling If you are advising people to contact their brokers and tell them not to lend your shares, then you don't understand what NAKED short selling is. That would be a covered short sale.
Naked shorting is illegal. I'm sure some brokers do it, but not at the levels to drive down a share price. That's old school MM tactics that you can't really get away with these days. They'd be naked shorting simply as an investment, and don't want to pay the borrowing costs to cover the short. They couldn't do it at levels high enough to manipulate sp.