LDK Solar: The Naked Shorting Crime [View article]
User, the act of Naked Shorting is demonstrably real. The SEC discusses it at the provided link, and others have gone into greater detail.
You say that "real investors base their decisions off the facts," which is something I would agree with. Really, all that this article is requesting (it was originally written as a letter) is for the facts of the number of "fails" to be provided to the investor by the DTCC. Without this information, the dilution of the stock is unknown, and the investor is lacking knowledge on a crucial component of the supply/demand equation. Help us out; write to the SEC and your Congresspeople.
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User, the act of Naked Shorting is demonstrably real. The SEC discusses it at the provided link, and others have gone into greater detail.
Dec 24 13:34 pm
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All Comments by ytterbius »LDK Solar: The Naked Shorting Crime [View article]
You say that "real investors base their decisions off the facts," which is something I would agree with. Really, all that this article is requesting (it was originally written as a letter) is for the facts of the number of "fails" to be provided to the investor by the DTCC. Without this information, the dilution of the stock is unknown, and the investor is lacking knowledge on a crucial component of the supply/demand equation. Help us out; write to the SEC and your Congresspeople.