Interesting that this post was taken down at the s
Post# of 72440
I think Alan is referring to the second half of the article that encompasses the naked shorting portion of the said security, not the one numbskull that didn’t clear his actual short position. The naked shorting, as many argue day in and day out, can be hidden through manipulative tactics. The article states that there were 148 or something Reg Sho violations. This is what I think Alan is really referring to. It also implies that the IPIX short count worth only $100k may wind up being A LOT more in the way of unregistered, non existent or naked short shares. But who knows...
I will say that we had a very minor squeeze when MFO shares came available. ($.43) HOD on about 2 million volume day. Who was doing all the buying? Retail wasn’t being prioritized that’s for sure. There’s no argument on that and if you do argue that fact then you are quite complacent for someone with no vested interest in IPIX. Retail was skipped while “others” were filled. I know because I’m one of them retailers TRYING to buy. You apparently are not so you wouldn’t see what we see or experience as we constantly raised the bid over ask and still didn’t have our shares filled while other trades, for lesser amounts, went through. When shares converted to market there was not only a slight squeeze but entities with more power than retail were set precedent to those available shares. The OTC is a wonderful place but you know this and why you spend your time all day, everyday on OTC traded security forums. We are ALL here for $$, even you Kemosahbee.