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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)

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To: tonto who wrote (39903)2/2/1998 2:59:00 PM
From: Buster  Read Replies (1) of 55532
 
Tonto,

do you know anything about the mechanics behind trading naked shares?
I asked this question before but nobody really seemed to know.

Let's say a bought 1 share that had been shorted naked. I call
for the cert for this particular share. Will the person who
illegally shorted this particular share have to come up with a valid
cert?
I believe a person who legally shorts stock must have the cert available just incase the cert is called.

Buster
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