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To: RBM who wrote (2612)12/3/1997 2:50:00 PM
From: TraderGreg  Read Replies (2) | Respond to of 11708
 
< if it is ILLEGAL NAKED short selling, usually the MM's eat burnt toast. >
RBM--how do you define "illegal naked shorting"? Shorting shares that weren't granted permission to borrow? Shorting after the float has already been shorted?

TraderGreg



To: RBM who wrote (2612)12/3/1997 3:01:00 PM
From: Joey  Read Replies (3) | Respond to of 11708
 
Market Makers are allowed to short naked.