Well now hang on there, Sox. Just a week ago you d
Post# of 72440
(Total Views: 627)
Posted On: 09/19/2017 8:47:52 PM
Well now hang on there, Sox. Just a week ago you demonstrated that there were about 6400 naked short shares at some point in August.
For those not following, a non-covered short that does not deliver shares within 2 (then 3) days results in a failure-to-deliver on the position. This is what distinguishes allowed market making from illegal naked shorting.
Go IPIX!
Quote:
August (first half) failure-to-deliver data
20170814|45782D100|IPIX| 6463 |INNOVATION PHARMACEU|0.74
That was 0.005% of the OS.
For those not following, a non-covered short that does not deliver shares within 2 (then 3) days results in a failure-to-deliver on the position. This is what distinguishes allowed market making from illegal naked shorting.
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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