monday dreaming, page-18

Why allow it.

Its not illegal to sell shares or to lend property or to use the combination to hedge your bets. Provides trading opportunities and liquidity in stock pool, whatever.

BUT naked shorting is not allowed. Someone has to own the stock to allow it to happen.

Means someone is putting their shares out for the shorters to sell AND that someone knows there will be a decline in value through in the short term.

They want them back however otherwise they would have just sold them on market.

Thats my point. You dont LEND an asset of this size without understanding that risk. You also dont want to see your own capital investment decline in the longterm.

AND finally the shorters have provided collateral to cover the borrow. They also have risk.

Naked shorting is the devils work because you dont need to have the asset in the first place.

So let them do what they will...someone owns the 170M shares and I would hazzard a guess and say THEY aren't stupid.