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Bullboard - Stock Discussion Forum BlockchainK2 Corp V.BITK

Alternate Symbol(s):  BIDCF

BlockchainK2 Corp. is a Canada-based holding company. The Company is focused on investing in the blockchain technology solutions for capital markets and other sectors. The Company’s portfolio companies include Amplify Games Inc. (Amplify), iRecover Inc. (iRecover), Real Blocks (Envexergy) and Standard Power. The Amplify Games Inc. offers a gaming technology platform that allows the digital game... see more

TSXV:BITK - Post Discussion

BlockchainK2 Corp > How hedge funds short without disclosing podition
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Post by MustangSalley on Jun 21, 2022 2:20pm

How hedge funds short without disclosing podition

Naked shorting is done on the dark exchanges. They lie about their positions and don't have to clear CDS. IIROC turns a blind eye as the institutions can show they have a reasonable expectation of settling a trade within 10 days but they do something called kiting shifting their shares between different entities indefinitely. So basically NB , rotates the shares between clearing houses......
Comment by Stockhousemoney on Jun 21, 2022 3:03pm
It's starting to be ridiculous, Sergei Stetsenko bought last year for an average of 0.70 per share and 3 months ago Steven Sangha bought him the share for an average of 0.25 and nothing changes the share continues to fall. would someone like to buy 1 million shares to force them to buy back please
Comment by woundedknee on Jun 21, 2022 3:28pm
The thing that is criminal is allowing companies to naked short. Naked shorting should be illegal...PERIOD! It boggles the mind how you can short more shares than exist. We've got a gutless bunch of over paid officials that are probably being paid to look the other way in many of these situations. To hxll with the little guy. To change the topic, wish management would give us a clue on how ...more  
Comment by Stockhousemoney on Jun 21, 2022 5:28pm
we are in a period where investors do not like to take risk, so as long as we do not have concrete news from the management of blockchaink2 or Realblocks the price will not go up, hoping to have some news soon.
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