AmeriResource Technologies (ARET) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : AmeriResource Technologies (ARET)

ARET 0.0001000

0.0%

Dec 26 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: nimbus who wrote (5479)	1/29/1999 7:48:00 PM
From: Richard Mazzarella	Read Replies (4) of 7609

nimbus, market makers (MMs) can and do short stocks all the time, it helps them maintain an orderly market, they say. However, they are supposed to balance their books every month. Pennies can also be shorted outside the US, Canadians do all the time. Many pennies have been naked shorted (MMs sell stock they haven't borrowed) to the point of company destruction. When company fundamentals are so poor that there isn't anybody to step in and buy, MMs will naked short a company to death. They win never having to cover. Don't underestimate the shorting that goes on in pennies.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next