Banning naked shorting showed the regulators did s
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Posted On: 09/06/2017 1:35:02 PM
Banning naked shorting showed the regulators did something by passing it as a law. Remember you always suggest people to call their Congressman to do something about it? Although it's a law, there'll always be someone breaking it, otherwise there won't be crimes. However, someone breaking the law doesn't mean the regulators aren't enforcing it. If the regulators have been looking the other way, you'll see a lot more lawsuits by the companies affected by naking shorting in the past 10 years.
Your FSU example shows naked shorting still exists, but it doesn't prove it exists in IPIX. The SEC says the failure-to-deliver shares are almost nonexistent with 941 shares. If the criminals are really in control of this stock, the SP would be under 50 cents. Why are they taking a break at 70 cents? With such low volumes, now would be the perfect time to take it down more agree?
Your FSU example shows naked shorting still exists, but it doesn't prove it exists in IPIX. The SEC says the failure-to-deliver shares are almost nonexistent with 941 shares. If the criminals are really in control of this stock, the SP would be under 50 cents. Why are they taking a break at 70 cents? With such low volumes, now would be the perfect time to take it down more agree?
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