This weekend the Aussies will bring their naked shorts ban and covered shorts allowance to Washington’s dog and pony show.
Naked shorts are bad do because that which is not owned is sold at the lowest price.
Covered shorts are a coverup of naked shorts, sellers borrow shares from trusted brokers of said stock so that the broker’s client’s stock may be lowered.
Huh? Yeah, get outta here!
Yep, licensing that’s right up there with the cranes in New York City and their operators. Got Crane?