Negative Consequences to Individual Investors As A Result of Excessive & Naked Shorting of Equities

By mosley1234, October 20, 2016

Take TG Therapeutics as an example, it has gone from 9.57 to 5.89 in a matter of 5,6,7 trading days scaring or forcing novice investors out of a position that will eventually recover.

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

3
Share your thoughts...

avatar
3 Comment threads
0 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
3 Comment authors
Travis Johnson, Stock GumshoeSoGiAmmosley1234 Recent comment authors

This site uses Akismet to reduce spam. Learn how your comment data is processed.

SoGiAm
Member
👍11385

$TGTX long – Hi Mosley. This equity is very well covered by the Gummune here: http://www.stockgumshoe.com/2016/09/sea-of-tranquility/

Travis Johnson, Stock Gumshoe
Admin
👍12835

TGTX isn’t currently on the “failure to deliver” list from what I can tell, which indicates that it’s probably not naked shorting (“naked” just means that you don’t find a place to borrow the stock before you sell it short, which can sometimes happen because brokers will often let you do a short sale instantly even though it takes a few days to find the shares to borrow and clear the trade sometimes). The price can be impacted by negative interpretations of events, of course, but the real value of the company can’t be impacted, so “pile on” short selling… Read More »

Add a Topic
5971
Add a Topic
899
Add a Topic
899