$NAK there are 2 things about to happen which will kill naked shorts. Low cost lower volume stocks like $GEVO are also manipulation targets. On the billion share trade day for Gevo, there were 200k naked shorts. How do you do that when There’s only a float of like 45 mil shares? The 2 things that will happen is increased volume (which means naked shorts will need way more shares) and the price shooting up (because each naked share costs a hell of a lot more to fulfill). Right now At 10 mil volume, they only need couple few million cheap $1 shares to do their deed. Exposure is like $3mil. At 30 mil volume $10 SP, they need about 10 million shares that cost $10 each, or $100 million worth of shares.
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  • $NAK there are 2 things about to happen which will kill naked shorts. Low cost lower volume stocks like $GEVO are also manipulation targets. On the billion share trade day for Gevo, there were 200k naked shorts. How do you do that when There’s only a float of like 45 mil shares? The 2 things that will happen is increased volume (which means naked shorts will need way more shares) and the price shooting up (because each naked share costs a hell of a lot more to fulfill). Right now At 10 mil volume, they only need couple few million cheap $1 shares to do their deed. Exposure is like $3mil. At 30 mil volume $10 SP, they need about 10 million shares that cost $10 each, or $100 million worth of shares.
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    • 1