(Total Views: 644)
Posted On: 09/19/2017 8:47:52 PM
Post# of 72447
Well now hang on there, Sox. Just a week ago you demonstrated that there were about 6400 naked short shares at some point in August.
For those not following, a non-covered short that does not deliver shares within 2 (then 3) days results in a failure-to-deliver on the position. This is what distinguishes allowed market making from illegal naked shorting.
Go IPIX!
Quote:
August (first half) failure-to-deliver data
20170814|45782D100|IPIX| 6463 |INNOVATION PHARMACEU|0.74
That was 0.005% of the OS.
For those not following, a non-covered short that does not deliver shares within 2 (then 3) days results in a failure-to-deliver on the position. This is what distinguishes allowed market making from illegal naked shorting.
Go IPIX!
(0)
(0)
All my posts are my own personal opinion and speculation. They should not be used as the basis for any investment decision. No, I am not Scottsmith.
