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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Little Joe who wrote (72567)9/23/2009 7:44:52 PM
From: Jorj X Mckie  Respond to of 224749
 
Actually, I doubt it had any negative impact at all. A naked shorter would only go after a company that is fundamentally broken anyway...or was a fraud (many OTCBB stocks). So there really wouldn't be any net negative effect.

If it was legitimate company, the short interest would actually help the stock find a floor and help it to avoid complete collapse as the shorts cover.