RE:RE:RE:RE:Shorting crew and mm's...Excellent article on how shorters destroy the market in canada and how they can extend the shorts for months in Canada.
Quote fom INSIDERS MARKET
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.
These shorts of course need paid accomplices to keep the distorting campaign going even on this board. I highly recommend you read the full article pasted below. https://markets.businessinsider.com/news/stocks/is-this-the-beginning-of-the-end-of-naked-short-selling-in-canada-1030411496
And I leave you these final words from a tweet by Elon Musk of TSLA u can’t sell houses u don’t own u can’t sell cars u don’t own but u *can* sell stock u don’t own!? this is bs – shorting is a scam legal only for vestigial reasons
u can’t sell houses u don’t own u can’t sell cars u don’t own but u *can* sell stock u don’t own!? this is bs – shorting is a scam legal only for vestigial reasons