Do as you choose with your money, but there is nothing wrong or illegal about a naked short sale......that just means there is no spread or limit on gain/loss (HAS NOTHING TO DO WITH OWNING SHARES YOU'RE SHORTING)
If you sell short options at 20 "naked" just means you're responsible for the price from 20 to zero
all not being "naked" means is you don't either own the stock you're short or own an option at 10 for example to limit your losses from 20-10 creating a spread.
There is NOTHING illegal or market breaking about short sales.
This is misleading info being spread all over the net. GME may very well go up, but not because of this. Be careful, and remember, it all ends with silver
The hell are you talking about?
Shorting down to zero means the shorters win and made money.
If they short it and the stock RISES, they lose a shitload of money by waiting, and when the margin call comes, they gotta cover the rise... if we apes buy and hold home, they are beyond fucked and cannot pay what they owe, and shitadel and the rest will be liquidated to try and pay off their shorts that failed...
This guy is a shill spreading disinfo all through this thread
If Naked Short Selling is not illegal as you wrote, then what explanation do you have to provide on behalf of the lawsuit just filed on May 19 2021 by the SEC (Securities & Exchange Commission) against BTIG LLC for "Naked Short Selling" which the SEC lawsuit describes the charge of Naked Short selling being: "The unlawful practice of short selling shares that have not been borrowed or located"?
Do as you choose with your money, but there is nothing wrong or illegal about a naked short sale......that just means there is no spread or limit on gain/loss (HAS NOTHING TO DO WITH OWNING SHARES YOU'RE SHORTING)
If you sell short options at 20 "naked" just means you're responsible for the price from 20 to zero
all not being "naked" means is you don't either own the stock you're short or own an option at 10 for example to limit your losses from 20-10 creating a spread.
There is NOTHING illegal or market breaking about short sales.
This is misleading info being spread all over the net. GME may very well go up, but not because of this. Be careful, and remember, it all ends with silver
The hell are you talking about? Shorting down to zero means the shorters win and made money. If they short it and the stock RISES, they lose a shitload of money by waiting, and when the margin call comes, they gotta cover the rise... if we apes buy and hold home, they are beyond fucked and cannot pay what they owe, and shitadel and the rest will be liquidated to try and pay off their shorts that failed... This guy is a shill spreading disinfo all through this thread
If Naked Short Selling is not illegal as you wrote, then what explanation do you have to provide on behalf of the lawsuit just filed on May 19 2021 by the SEC (Securities & Exchange Commission) against BTIG LLC for "Naked Short Selling" which the SEC lawsuit describes the charge of Naked Short selling being: "The unlawful practice of short selling shares that have not been borrowed or located"?
You don't understand what a naked short is.
There is nothing illegal about it.
IT IS ILLEGAL to short stock you can't account for, but THAT ISN'T WHAT A NAKED SHORT IS
Selling stocks you never get your hands on, synthetic shares and naked shorting off books in dark pools with fake shares absolutely is illegal. https://www.reddit.com/r/StockMarket/comments/npdw38/an_explanation_of_hedge_funds_shorting_naked/