Msg. 00670 of 62138 (This msg. is a reply to
00656 by
capt_nemo)
Jump:
You ever hear of a thing called a 'naked short' ?
Seems 'somebody' decided it was 'legal' for certain
entities to 'create' fictitious shares of a company
so that they could sell them to short the company.
Personally I think such a thing should be highly illegal.
Anyway, I once had a fantasy about buying up all the
shares of a heavily shorted stock . . . then driving
the share price up and forcing the short holders to
make good on ALL the shares - real or fictitious.
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