I get pretty tired reading about pink sheet and OTCBB gamblers and their naked short whining. So here is my solution, and outside this solution being achieved, in my view there should be NO WHINING and complaining from investors (gamblers) and managment of companies listed on these mosh-pit arenas (notice I didnt not say exchange?).
The solution is obvious and has been explained more than enough, but I will explain it again.
If gamblers and managment want to get rid of short sellers, than get your fuqing financials audited, have managment members who have credibility and respect, stop self promoting your company and selling out in order to get publicity. Most importantly, know what it takes to be listed on a REAL exchange and do it. In my opinion, if a company cannot adhere to the listing standards and maintain legitimate, audited financials, I could give a rats a$$ if they are being shorted into the ground. Want to know why? A companies FIRST obligation to a shareholder is transparency and along with that goes honesty. If a company cannot hire an accounting firm and follow FASB rules and be audited then it is failing the investor, and now it becomes nothing short of a gamble. If a company cannot maintain listing integrity, then it is usually not being transparent and not being honest.
Too bad, so sad..if you cannot follow the rules and maintain honest and transparent operations, then naked shorts deserve to destroy the company and there is no pity I have for such a company.
These whining longs who complain about the SEC and how they arent going after the naked shorts..shut the hell up and instead of whining and bitching on sites like Silicon Investor, get on the phone and email and start whining to investor relations and managment of your favorite sh!t OTCBB and pink sheets stock and quit wasting the time of places like this.
:) |
