It would be nice if naked shorting was almost none
Post# of 72446
(Total Views: 389)
Posted On: 12/16/2017 9:27:15 AM
It would be nice if naked shorting was almost nonexistent in IPIX and the share price would be much much higher were that the case. On one hand we can be grateful that it is being naked shorted because the selling of millions of shares that do not exist has driven down the price so low most longs have been able to accumulate many times more than they would have were we operating under the rules of demand and supply.
We would all love to be able to point out the exact size of the naked short at any moment in time but the criminals have rigged the system so that cannot be done. Thankfully the problem is being addressed with digital trading being recently approved by the State of Deleware and T+0 trading coming like a freight train.
If the system were not rigged a name change and a cusip change would cause the elimination of any naked short positions but the system is rigged and that does not happen. The rigged system is abusing thousands of companies on all exchanges and studies on voting of NYSE stocks found that every single one of them had overvoting. The system is rigged and investors are being taken advantage of while many of the smaller or weaker companies are being bankrupted by these criminals. To suggest that is not happening one has their head in the sand.
The regulators know full well what is going on and are afraid to put a stop to it lest they claim the system will fail. These are the very same regulators that grandfathered all the existing naked shorts when Reg SHO went into effect. Anyone think Reg SHO is not being gamed as well?
Instead of denying its existence it might make a difference if every one of us demanded that our Congresscritters put a stop to naked shorting once and for all. Go IPIX!!!
We would all love to be able to point out the exact size of the naked short at any moment in time but the criminals have rigged the system so that cannot be done. Thankfully the problem is being addressed with digital trading being recently approved by the State of Deleware and T+0 trading coming like a freight train.
If the system were not rigged a name change and a cusip change would cause the elimination of any naked short positions but the system is rigged and that does not happen. The rigged system is abusing thousands of companies on all exchanges and studies on voting of NYSE stocks found that every single one of them had overvoting. The system is rigged and investors are being taken advantage of while many of the smaller or weaker companies are being bankrupted by these criminals. To suggest that is not happening one has their head in the sand.
The regulators know full well what is going on and are afraid to put a stop to it lest they claim the system will fail. These are the very same regulators that grandfathered all the existing naked shorts when Reg SHO went into effect. Anyone think Reg SHO is not being gamed as well?
Instead of denying its existence it might make a difference if every one of us demanded that our Congresscritters put a stop to naked shorting once and for all. Go IPIX!!!
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