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  4. Nanotech Entertainment Inc. (NTEK) Message Board

Naked Shorting is selling shares you do not own th

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Post# of 96892
Posted On: 04/28/2016 10:16:25 AM
Posted By: SilentPartner
Re: JMillio #58484
Naked Shorting is selling shares you do not own that do not exist that you created out of thin air and you received payment for those shares just as if you sold a real share.

If you successfully drive the company into BK; you never have to pay taxes on the money you just earned by selling an illusion, because the only thing that will close out your transaction and make it part of the real world is the sellers act of buying a share already available on the market, effectively closing the sellers transaction. The close is reportable and taxable.

Jazz is wrong. Period

go search for the Deep Capture website and read the 13 chapter(i think it is 13, been awhile) expose about the players trading shares in DNDN.

Alan is right. Period

Paul


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