They have been sold to investors as real shares ho
Post# of 72440
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Posted On: 09/02/2017 3:11:50 PM
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They have been sold to investors as real shares however. Someone will cash them in one day. Those that sold them in the first place never intended them to be redeemed.
This is why there is a settlement period of T+3, soon to be T+2 this week, to prevent this sort of thing. What you speak of is the very definition of FTD.
Please Google Regulation SHO to learn why there is no persistent, large, open naked short position (greater than the sum of the previous 3 days volume).
The only way for your theory to be true is for the FINRA/SEC to be manipulating the FTD data on IPIX. The level of mental gymnastics required to have such a conspiracy seem reasonable is mind blowing.
Go IPIX!
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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.
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