re: #391 Bagua

We may be in Semantics here, a “naked short” is selling short a vehicle without actually owning it, it can be done in a variety of very legal ways, all of which have regulations. There is much lively debate on its actual effect on the markets.

No. A “short” is selling shares you do not own. All reputable brokers require you “borrow” the shares before shorting. A “naked short” is due to selling share you have not first borrowed.