Naked Shorting-Hedge Fund & Market Maker manipulation? Message Board

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Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation?

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To: rrufff who wrote (2886)	10/17/2007 8:42:07 AM
From: makeuwonder	of 5034

Okay ruff I read this. "The amendment requires Participants to close out any previously-grandfathered fails to deliver in a security that is on the Threshold Security List on October 15th. The close-out must occur within 35 consecutive settlement days of October 15th. If a security becomes a Threshold Security after October 15th, all fails to deliver must be closed out within 13 consecutive settlement days. What do I have to do on or after October 15th? This amendment does not require NASDAQ to make any changes to its Threshold Security List. However, Participants should ensure that they close out previously-grandfathered fail to deliver positions within the time frames established by the amendment. Participants that do not close out these fail to deliver positions within 35 days will, by rule, be prohibited from accepting any short sale orders or effecting further short sales in these securities until the entire fail to deliver position is closed out. ____________________________________ This says to me this. They are not able to short that stock until they get their naked short position covered. The problem this makes me think is little company's like USXP better watch out because it would be easier to BK you than to cover. Which while you think USXP is a scam I thought it just might turn around and make a go. I really liked the idea we ship our luggage apart and may have caught on and a little company ends up big. Just a hope I had. I saw the possibility. Now they send the SEC in to rip it all apart. Yes. I'm pretty sure RA was involved with some of this stuff. He couldn't have done it alone though. The SEC, DTCC, Brokerages had to have been just as guilty. Where's their names at?? Who are they?? Why no lawsuit about this?? I think they knew there was no way they were going to cover the naked shorted shares in that company. The numbers had to have been HUGE. Somedays that stock would trade so fast and furious you couldn't watch the streamers it rolled so fast. OSTK got lucky to have someone with funds behind them and was able to keep it in the light. And maybe it worked like this. RA was just as guilty and knew he had to go out because he was part of the grand scam and this is his part. The fall guy. Maybe the whole thing was a grand scam play out for years and suckers like me who had thoughts about creating a business, the lost American dream. Maybe it will clean it up here on. We should demand to know the numbers now. This would be a change. We haven't been able to get them yet have we? Maybe I missed some news. I'm sort of curious if over seas will have to follow the same rules being they are trading under out rules by moving into the market they moved into wouldn't they? It's all the NASDAQ, whether it be in Germany, Canada or United States. If it's not now we should also rise up and request the rules are Universal to the exchange not the Country. Since we're going global anyway right? It should only make sense to those global going folks up there anyway right? Thanks. Just thinking and trying to figure it out.

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