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To: schadenfreude who wrote (54613)8/10/2006 1:00:07 PM
From: Wowzer  Respond to of 116555
 
I don't think the main point of the presentation is how naked short sellers are destroying good companies although he does harp on this a little. I got more out of it from just the mechanics of how naked short selling is done and how pervasive it might be and how could crash the system. The scary part is that you think you own stock but you really might not. Only way to be sure is take actual possession of paper certificate and how many actually do that? I certainly don't.