Naked Shorts – Check it Out
March 20, 2008 5:15 pm
Here are a few interesting places to check out regarding:
The Worst Stock for 2007: Overstock
Dec 21, 2006 … How could I let a “Worst Stock for 2007″ theme pass without … the stock’s fall on the short/naked short/hedge fund/Sith Lord/crooked …
***PRESENTATION : The Dark Side of the Looking Glass (full)***
Manipulation and markets – The Boston Globe
Jan 31, 2006 … Investors deserve more information about those problems, and regulators who view the worst of the naked short offenders as real …
Dealbreaker – A Wall Street Tabloid – Business News Headlines and …
The funds are the worst performers this year among 10 hedge fund strategies tracked by the … Take that anti-naked short-selling conspiracy theorists! …
Sorry, No Related Posts.
3 Responses to “Naked Shorts – Check it Out”
Got something to say?
Subscribe





Andrew,
that was a very interesting presentation piece. I think what most people don’t understand is the difference between Short selling and naked short selling using FTDs. That is a vitally important difference that I never knew. And from the reading of the DealBreaker article, the author doesn’t know it either.
Keep up the great work, and the fantastic guests on the podcast.
Best Regards,
jon
Please continue to discuss NSS with your audience. This issue must come to light. I believe this is an important topic that SEC is not addressing.
Thanks,
Steve
You should really focus your attention to JOSB to see how the naked short sellers work. In March of 2007 the short interest was 7.3 million representing 41% of the float. In late February of 2008 that number had increased to 11 million and the latest short interst reported in March of 2008 had ballooned to over 15 million representing a short interest of 86%. Just at the time the short interest had risen to its highest level Barron’s has a brief article over the weekend explaining that the inventory turnover had increased to 425 days and talking down the stock. Do you really believe that it was a coincidence that the article “magically” appeared in Barron’s at the height of the short interest. What I find rather interesting is nowhere in the article does Barron’s make mention that there is an extremely large short interest. I would think that a stock with over 85% of its float short is news worthy and worth mentioning.