RE: Bounce15 Feb 2020 03:02
Interesting article, and troubling.
Surely the problem is that there are brokers, or processes that allow this? If I try & sell shares I don't own my broker won't allow it.
I assume that these 'counterfeit' shares are what the shorters call 'borrow', facilitated by some brokers. Is there a valid reason for allowing this? If not, it should surely be banned?