Posted On: 09/21/2015 9:42:13 PM
Post# of 11038
Re: longislandfish #3035
It's the same as the divi. Whoever is (naked) short has to pay for the air shares.
Same as the divi, it doesn't mater if they want to pay or not. NTCC drafts the money from their accounts.
Which shares are real and which are air? There's no way to know but the totals should match. Company liquidates the amount they don't have of the float, the remaining ones are liquidated by the naked shorts.
Maybe the company already has an amount bigger than the float. In that case, they would be receiving money from the naked shorts.
Same as the divi, it doesn't mater if they want to pay or not. NTCC drafts the money from their accounts.
Which shares are real and which are air? There's no way to know but the totals should match. Company liquidates the amount they don't have of the float, the remaining ones are liquidated by the naked shorts.
Maybe the company already has an amount bigger than the float. In that case, they would be receiving money from the naked shorts.
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IMHO
Always, always do you own DD. Only invest funds you can afford to lose and trust nobody but yourself.
Always, always do you own DD. Only invest funds you can afford to lose and trust nobody but yourself.
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