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 reporting periods:
Feb 15 111K shares
Feb 28 130K
March 15 366K
March 31 847K
April 15 712K
April 30 103K
May 15 87K
May 31 78K
June 15 1.3M Yes...That high!
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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