read the following on 'naked' short selling - it's the most recent case going to court.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a9nrYIQRV07s
Canadian brokerage firms / banks are heavily accused of this practice with junior mining companies in association with financings - however the fines have been paltry.
Doesn't take much for it to come to our shores.
depth, page-2
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Last
44.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $360.0M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 46.0¢ | 43.0¢ | $2.761M | 6.243M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8700 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 436397 | 4 |
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| SBM (ASX) Chart |