RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:$20 million bought deal at $0.58.....who's winning here..LOLRedwine, the guidelines around reporting short positions appears as loose as shorting itself, so it does not surprise me that numbers vary from site to site.
The fact that my shares can be borrowed by someone I dont know and they in turn can sell my shares, put the cash in their account, and bet against my position without my knowledge is absolutely mind boggling.
What is the difference between that and borrowing my neighbours expensive car, selling it, putting the money in the bank, and finding a much cheaper one to give back to him.
This practice boils down to nothing more than a white collar version of theft that is somehow allowed.
Until this obscene practice is reviewed for change, those of us investing in legitimate companies futures is nothing more than a gamble.
I really hope the Reddit run was just a test drive, and they take another shot at burying all the shorts out there and the banks that allow it.
Dare to dream.........................