A number of studies have suggested that the source of most delivery failures are due to
naked shorting (Fotak, Raman, & Yadav, 2009; Boulton & Braga-Alves, 2010; Stone, 2010).
Naked shorting is even more controversial than regular shorting because it seems so improper to sell something that the seller doesn't possess, but again, many academics argue that
naked shorting helps to reduce irrational exuberance.
The SEC further tightened its rules against
naked shorting just hours before Mr.
This is basically what
naked shorting is all about; selling what you do not own and which you never deliver to the buyer," Mr.
Naked shorting shifts out the supply curve, dropping the price.
The
naked shorting of MRDY stocks has been a problem," said Craig Mora, CEO of MRDY.
Was it selected brokers, market makers and other Wall Street interests who wallow their gluttony through the
naked shorting scandal at the expense of ordinary investors?
Pink Sheets: CSTJ) announced today that they have ordered a NOBO list in an effort to identify any
naked shorting that may be occurring.
The Company believes the
naked shorting of its shares on each market day over the past 10 years to be in excess of 20 times its outstanding shares, on a regular basis, during this period," concluded Mr.
The current
naked shorting of our company's stock will hopefully be addressed and corrected by the SEC, NASD, and DTCC.
Our shareholders are again encouraged to demand delivery of their preferred dividends on March 31 as a means to prove any past
naked shorting of PAIM.
Naked short selling, or
naked shorting, is an illegal practice of selling shares that have not been affirmatively determined to exist.
