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Naked shorting..
#4

'admin' pid='25482' datel Wrote:

'Palm' pid='25478' datel Wrote:C'mon STP; bonk says that stuff is just paranoid thinking and doesn't happen to any great degree.

You have a link for that? Smile

Anyway, that it happens is fairly certain, how widespread it is is anybody's guess, really. IOC has a history of naked shorting, that's not deniable, the shares were years on the RegSHO list and undelivered shares reached a whopping 6M in June 2008. That was no simple defunct settlement system error.

If I remember correctly, bonk said it was down to "only" an AVERAGE of about 70,000 shares PER DAY, with a lot of that probably being related to market making, etc.  AVERAGE PER DAY?!  Sounds like a lot to me.  IMO there should be almost NONE.

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Messages In This Thread
Naked shorting.. - by admin - 07-10-2013, 08:54 AM
RE: Naked shorting.. - by Palm - 07-10-2013, 09:36 AM
RE: Naked shorting.. - by admin - 07-10-2013, 11:43 AM
RE: Naked shorting.. - by Getitrt2 - 07-11-2013, 09:36 AM
RE: Naked shorting.. - by admin - 07-11-2013, 09:45 AM

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