Naked shorting is the illegal practice of short selling shares that have not been affirmatively determined to exist. Ordinarily, traders must borrow a stock, or determine that it can be borrowed, before they sell it short. So naked shorting refers to short pressure on a stock that may be larger than the tradable shares in the market. Despite being made illegal after the 2008-09 financial crisis, naked shorting continues to happen because of loopholes in rules and discrepancies between paper and electronic trading systems
Further Details Here: LINK
Just look the the photo! These devious sons of bitches are hurting us. See link for more details!
Furthermore, the SEC publishes the "Failed to Deliver" report 2x a month here: LINK
Here is the summary for the last 4 reporting periods. See a trend?!
Feb 15 111K shares
Feb 28 130K
March 15 366K
March 31 847K
Lets all contact the SEC and make a formal complaint!
CLICK ON THE BELOW LINK AND IT WILL TAKE YOU TO THE SEC!
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