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Microcap & Penny Stocks : AREE - Formerly TVSI
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To: DJ Byrne who wrote (2683)5/13/1998 10:31:00 AM
From: John D. Morrison  Read Replies (1) of 6528
 
As I understand it, short selling is the practice of borrowing stocks at a certain price, selling them, and then buying an equal number of shares back when the price falls to a desired level to give back to the lending broker. I assume this would hold true of illegal naked shorting as well. Am I wrong? Do nekkid shorts hold on to the shares they borrow? If so, why?

John M.
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