Because the DTC stock borrow program, and the debi
Post# of 8802
Posted On: 02/21/2016 9:41:23 PM
Because the DTC stock borrow program, and the debits and credits that go back and forth between the broker dealers, only deals with the net difference, it never gets reconciled to the actual number of shares issued by the company. As long as the broker dealers don’t repay the total stock borrowed and only settle their net differences, they can “grow” a company’s issued stock.
This process is called Continuous Net Settlement (CNS) and it hides billions of counterfeit shares that never make it to the Reg. SHO radar screen, as the shares “borrowed” from the DTC are treated as a legitimate borrowed shares.
https://smithonstocks.com/illegal-naked-short...on-scheme/
Had to share this stuff as it seems to contradict the basher's statements on ihub...............-Tesla
This process is called Continuous Net Settlement (CNS) and it hides billions of counterfeit shares that never make it to the Reg. SHO radar screen, as the shares “borrowed” from the DTC are treated as a legitimate borrowed shares.
https://smithonstocks.com/illegal-naked-short...on-scheme/
Had to share this stuff as it seems to contradict the basher's statements on ihub...............-Tesla
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