You can see why. The last chance to cover was
Post# of 32635
The last chance to cover was a week ago. You can't sell baloney sandwiches and then try to cover with ribeye steak sandwiches
If there was no obligation to cover
If there were no consequences
Everyone that could, would naked short right and left
They would be naked shorting most OTC stocks every day
Hey, wait a second...
The reality is there, are consequences in the forms of penalties and if warranted, prosecution and jail time
Gets much worse when you are part of a club as that is when they all sell each other out. Maybe the new Tagg app can help them sell each other out faster.
It's highly illegal to sell something you can't fulfill whether you are shorting shares, selling a car, selling a house or the Brooklyn bridge.
Chances are they all covered on that Friday
That still leaves a few loose ends
It's also highly illegal to post bullshit to get people to sell so you can profit from others.
We are all moving on in the next week or two
Some are staying behind no matter how badly the self proclaimed "pariah" feels. His words not mine and I've seen the movie.
Quote:
Teddy:
So, what's our next move?
Chuck:
You tell me.
Teddy:
I gotta get off this rock, Chuck. Get back to the mainland. Whatever the hell's going on here, it's bad. [pause]
Teddy:
Don't worry, partner, they're not gonna catch us.
Chuck:
That's right, we're too smart for 'em.
Teddy:
Yeah, we are, aren't we? [pause]
Teddy:
You know, this place makes me wonder.
Chuck:
Yeah, what's that, boss?
Teddy:
Which would be worse - to live as a monster? Or to die as a good man?