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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM

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To: paunch13 who wrote (11020)11/17/2006 11:32:09 AM
From: Richard Mazzarella  Read Replies (2) of 11603
 
Hi John, naked shorts data doesn't appear anywhere in public. In fact, they are illegal if held by an MM for over 30 days. Most MMs ignore the rules, but may be under some pressure to cover if audited by the SEC, a very rare event.

I have little doubt that there are millions of MXAM that are currently naked shorted.

Regards,
Richard
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