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    What would happen if a market maker sells more shares than exist and fails to deliver ?

    Syammondsandrew, that response is a tautology. It's like saying "ninjas have swords because they're ninjas" in response to someone asking about the possibility of a ninja having a gun. It doesn't do anything to address the point that there would be obvious advantages for a ninja who gets a...
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    What would happen if a market maker sells more shares than exist and fails to deliver ?

    I've been lurking for a while but I joined just to comment on this one. I'm shocked at the near religious level of faith in the system that is being displayed here. It's like saying, "A broker would never take money out of their customer accounts, they'd all go to jail!" Corzine anyone? This...
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