Welcome to ‘Naked Short Selling,’ selling shares that don’t exist to manipulate the price down
The rules say this is illegal, but the regulators don’t enforce the rules.
Wall Street Bets discovered a huge naked short with GameStop and forced an epic short-squeeze.
What next?
BTC breaks out to significant new highs and shorts have to cover.
Can someone with a Bloomberg terminal tell me what the short interest is on NAKA? I was told yesterday 90% of the float is borrowed, which seems impossibly high. FINRA numbers are 3 weeks stale.
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