Worldwide, everybody has absolutely had it with the thievery on Wall Street to the point where the pitchforks are being sharpened. It’s really that bad. Abusive naked short selling is the only form of securities fraud on Wall Street that is 100% Wall Street versus Main Street. There is money attached to every “buy” order that goes into the system and that becomes the target. If a crook sells nonexistent shares into that buy order he gets “first dibs” on portions of that money proportional to how much he can manipulate the share price downwards even if he never delivers anything. If he can “successfully” bankrupt the company then he gets to keep all of the money without needing to claim a capital gain.

Main Street people cannot participate in this particular fraud. In the attacks on easy to kill penny stocks you need to gain access to a corrupt MM willing to ILLEGALLY share his bona fide MM exemption from making pre-borrows before short sales. In order to gain access you don’t bribe them with cash but you bribe them with “order flow” which is the same as cash to a MM. Main Street investors don’t have the wherewithal to direct enough order flow to a MM to illegally rent space under their umbrella of immunity from making pre-borrows before short sales. Corrupt hedge funds, however, certainly do. It is the larger MMs that have a superior visibility of buy orders and therefore access to the money attached to the buy order that are going to enjoy the lion’s share of this illicit order flow. THAT’S HOW THEY GOT TO BE THE BIGGEST MMs.

There is a dilemma for these criminals. The easy to kill development stage NONMARGINABLE penny stocks are the hardest to LEGALLY short sell. There are very few if any legally borrowable shares held in margin accounts or held by institutions willing to loan out shares to short sellers in order to make a little extra income. You have to attack the weakest prey ILLEGALLY usually through a co-conspiring MM pretending to be acting in the capacity of a bona fide MM willing to “inject liquidity”. Truly bona fide MMs must cover preexisting naked short positions on the next downtick after the naked short sale was made. They can’t legally establish enormous naked short positions.