Just because the naked shorters have had their way for awhile, it doesn't mean that there isn't a more powerful entity out there quietly countering them in gathering up all their ex-transfer agent phony issued paper in a plan to jam it down their throats in one of the most spectacular bear squeezes of all time.
Just imagine how bad it could get if naked shorters are forced to deliver. When they enter their buy orders they end up buying from other naked shorters expecting delivery but there is no delivery. It possibly could be just like another derivatives mess where some counter-parties won't be able to satisfy their contractual responsibilities and we all know what happened there.