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Nanotech Entertainment Inc NTEK
Posted On: 02/12/2016 8:31:51 AM
Post# of 96892
Posted By: Firebird
Re: Kennyjo #52048
Not gonna hurt legit shorts, However (and it is totally my opinion) this is why NTEK rasied the o/s and now a r/s. If the stock is actually naked shorted, the stock that was sold, must be accounted for and accredited to the new owner.

Meaning if I bought 1 million shares yesterday and 100k of then are "naked" meaning they don't really exist, the seller I bought them from has to buy those shares to replace. --If not, thus that naked shorter will "burn" hehehe













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