RE:This is a must view for every shareholderFor what I have read from various articles concerning short selling and naked shorts selling,my understanding is,and most of you kwow that,short selling is when someone thinks that share price is overvalued and sell is shares for a lower strike price and cash the difference if the strike price is ok.
in that case the seller has to borrow shares that he sell and you kwow the story ect.ect.
For what I have concluded in my research,naked shorts sellers or illgal house brokers also needs to bet on an equity that they think is overvalued....but d ont secure the amount of shares they are selling ect.ect.
I have two specific questions that could be answered for both!
1.Is it still worth to put all our shares on a sell order for couples of months at $2.00 to combat the legal shorts sellers?
2.What could we do to combat naked shorts sellers?
Doing the same thing placing our shares a $2.00 selling price?
I have also read that fragile equity could be targeted first by naked because of the lack of communication,lack of news,shareholder base weakness,lack of funds...
That said I believe Power Metal corp is very strong and communicated every news they have so I feel very confident in my investment.
pls feel free to give your advice on my two questions,it would be very appreciated!