For many reasons this is my second favorite CYDY s
Post# of 148168
How many might be in the universe. We will never know. My solution will be at the end of my thoughts.
First, those that claim it is a myth such as liar-in-chief Justdafacts; indicates possible collusion. That FYI is a Federal Crime.
The only hints will come via Fails to Deliver.
The Nakeds are using a method I do not understand if they use a Canadian Broker. If anyone can enlighten us, please do.
How do you spot a Naked Short Raid? It will always happen early in the morn after a three to 7 day rise in CYDY's stock price.
They hammer it. Then they attempt to buy the shares back THAT SAME DAY. Thats when the shares rise sharply. A whip saw. The objective is to capture the Stop Loss Orders. Boom, the uniformed shareholder was robbed. I first spotted this in March of 2020. Two or three times.
It was a huge bounce on June 30, 2020. Any Naked that covered that day, thinks they pulled a fast one. They did not. Any SEC investigation crew can spot this.
By doing it this way they need not do the extra sells and buys at other broker firms to deliver the next day or next week. If you are a large commission generating account the broker gives you extra delivery time.
How can you eliminate the shorts both legal and illegal. Easy. Pay the fee for a paper cirt. Have it delivered.