I haven't owned any Sirius Stock for months sold it all @ around $4 in Oct.
I've made over $60,000 + on my Sirius trading over the past 3 years. NEVER SHORT.
The stock is now on my watch list and I'll be buying again when the GAMES are
over with the Hedgies and Bond holders. The business model is solid but, to many shares outstanding .
Your an idiot, insider sales have remained constant for years, no increase at all.
This selling is ALL ABOUT THE BOND HOLDERS , nothing else.
that old fogie is living in the 1960's
Definition of 'Naked Shorting'
The illegal practice of short selling shares that have not been affirmatively determined to exist. Ordinarily, traders must borrow a stock, or determine that it can be borrowed, before they sell it short. But due to various loopholes in the rules and discrepancies between paper and electronic trading systems, naked shorting continues to happen.
While no exact system of measurement exists, most point to the level of trades that fail to deliver from the seller to the buyer within the mandatory three-day stock settlement period as evidence of naked shorting. Naked shorts may represent a major portion of these failed trades.
re-appear on the 'HARD TO BORROW' list tomorrow.
Really desperate shorts trying to recoup losses.