RE:Technicalities & markets realities........Whatever goes on will continue to go on and it's not only specific to the bomber. Everything has taken a hit and obviously the ones with quetionable balance sheets will get hti harder. This whole naked shorting thing is all a waste of time and folks looking for excuses for the drop. A couple of months ago when the markets were rbounding and bomber was gaining nobody was complaing or bringing up naked shorting now this is the blame? Come on get over it and move on and look for your opportunities where they may be.
Acuras1 wrote: About "naked" shorting and the beast it sounds like. How can this happen in the open with little to no regulation (or what appears none at times). Think about how much capital one needs to seriously move the stock down, nearly at will. What if your trader friends go along with you? Here are some thoughts:
You know that hundreds of millions of dollars of retail client shares sit in retail brokerages accounts across the country. Ever notice on your brokerage statements that the shares you own in any company can legally be "borrowed" by the house from clients to serve their institutional "needs"?
All the big players / traders need to do to legally short any given stock in quantity is to have access to a stock position of similar or larger size (whithin the house) than the amount of shares they want to short.
So in the end, they can flush the stock around, sometimes at will. In a really bad market the traders even need to hold back because the "manipulation" would become too obvious.
GLTA