I'll try and help you understand and appreciate yo
Post# of 72440
(Total Views: 186)
Posted On: 06/27/2017 8:24:00 AM
I'll try and help you understand and appreciate your admitting you don't just as I admit I do not understand a lot of the science.
There are two groups that are shorting the stock. One group is doing it legally by borrowing shares from others they do not own to sell. If the stock goes down this group makes money and at some point will buy back the shares sold to cover its short position. If the stock goes up after they sold they lose money.
Today imho some of the legal shorts covered their short positions. That buying along with other buying caused the stock to go up.
Now the naked shorts sell shares without borrowing them. (Market makers are allowed to sell shares they don't have to make a market when demand exceeds supply but be regulation they are supposed to repurchase the shares they sold in a timely manner.) The naked shorts are big clients of the market makers. Hedge funds, investment banks, etc and much of the selling is done from offshore making it more difficult to identify the sellers. OTC companies like IPIX are often the targets of these short sellers as they know the regulators for the most part are looking the other way when it comes to the OTC.
These shares are sold with reckless abandon and the sellers have no plan to buy them back. For them their goal is to eliminate or drove down the companies source of capital (sales of its stock). Nirvanna is forcing the company into bankruptcy so its stock has no value and all income generated by selling non existent shares becomes 100% tax free profit.
Naked shorting needs to be banned in the US as it is in Europe. Hope this helps. Go IPIX!!!
(One last thing, imho all the real shares have been held by investors for a long time so that the short volume I post daily is very very close to being the total real volume. Most investors because of the science are holding their shares and not selling therefore the naked shorts are digging a deeper hole for themselves with each trading day. The difference between the short volume and the total volume is wash trades being utilized by market makers to walk down the price, simulate selling and lower the FINRA short percentage at the end of the day.)
There are two groups that are shorting the stock. One group is doing it legally by borrowing shares from others they do not own to sell. If the stock goes down this group makes money and at some point will buy back the shares sold to cover its short position. If the stock goes up after they sold they lose money.
Today imho some of the legal shorts covered their short positions. That buying along with other buying caused the stock to go up.
Now the naked shorts sell shares without borrowing them. (Market makers are allowed to sell shares they don't have to make a market when demand exceeds supply but be regulation they are supposed to repurchase the shares they sold in a timely manner.) The naked shorts are big clients of the market makers. Hedge funds, investment banks, etc and much of the selling is done from offshore making it more difficult to identify the sellers. OTC companies like IPIX are often the targets of these short sellers as they know the regulators for the most part are looking the other way when it comes to the OTC.
These shares are sold with reckless abandon and the sellers have no plan to buy them back. For them their goal is to eliminate or drove down the companies source of capital (sales of its stock). Nirvanna is forcing the company into bankruptcy so its stock has no value and all income generated by selling non existent shares becomes 100% tax free profit.
Naked shorting needs to be banned in the US as it is in Europe. Hope this helps. Go IPIX!!!
(One last thing, imho all the real shares have been held by investors for a long time so that the short volume I post daily is very very close to being the total real volume. Most investors because of the science are holding their shares and not selling therefore the naked shorts are digging a deeper hole for themselves with each trading day. The difference between the short volume and the total volume is wash trades being utilized by market makers to walk down the price, simulate selling and lower the FINRA short percentage at the end of the day.)
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