[Winning]

I spent 25 years as an Investment banker - what's going on right now with the shorts is EPIC and can be summed up thus: For decades the game has been Naked Shorting which means I short stock that I never deliver and, when it's zero I keep the proceeds for free. That's why you're hearing numbers like 140% of the stock outstanding. How is that possible you might ask? Naked Shorting is the largest and most prolific counterfeiting operation in the history of mankind second only to the printing of Fiat currency. PM if you want details but trading now is like juggling sharp knives - the wise guys are still in control and you can be 100% right and still be roadkill.

I dont quite understand the entire process of shorting borrowed stocks and why is it that if the stock goes up the shorter need to purchase the stock to "cover the postion"... Would you mind breaking this down for me here in the forum? Perhaps even walk me through the process of placing a short on a stock myself through the TD Ameritrade platform.. I am sure other members and lurkers can learn a thing or too as well..