RE: crazy25 Jul 2018 17:30
In recent years,[when?] a number of companies[which?] have been accused[by whom?] of using naked shorts in aggressive efforts to drive down share prices, sometimes with no intention of ever delivering the shares.[14] These claims argue that, at least in theory, the practice allows an unlimited number of shares to be sold short. A Los Angeles Times editorial in July 2008 said that naked short selling "enables speculators to drive down a company's stock by offering an overwhelming number of shares for sale."[17]