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 (1984)	10/19/2006 2:50:51 AM
From: NightOwl	Read Replies (1) of 5034

Why are we not surprised Mr. Rrufff... All the industry comment letters are dribble. There are no rational arguments to justify fraud among them. The most they can do is whine about "costs," waive the flags of "Volatility" and "Illiquidity" Mumbojumbo about their heads, and point to the absence of dead bodies in the streets. <Hoo><Hoo><Haa> But... alas... the mere fact that these billion dollar enterprises, manned and/or womanned by the cream of Western Civilizations financial industry crop, can openly publish such brain dead analyses is quite telling for we of the Robespierrian persuasion. <vbg> When placed together with the complete disregard of the comment deadline; the relative handful (1299?) of Mom & Pop comments and/or Petition signatories; and the lack of any "Lou Dobbs" media crusader to stir the rabbles' hearts, we are prepared to make you a "naked" wager: There will be no effective regulation of FTD's by the SEC co-conspirators. The most you we will get is either: (A) Some bogus "disclosure" of partial, untimely, and useless data... not unlike the current monthly disclosure of alleged short interest data... and a meaningless assertion of "continued," case by case, post fraud "enforcement" by the aforesaid co-conspirator; (B) Regulations which on their face appear to eliminate the unrestrained market in FTDs, but which... as with both the UCC and the SEC Act of 1934... can be easily de-toothed by the obfuscations of the unnecessarily complicated and duplicitous structure of the DTC's transaction clearing mechanism... which is without doubt the SEC's "3rd Rail" and is not about to be touched; or (C) Some combination of A and B. I can say this because all the post cutoff comments from the industry are no more than butt covering for the alleged regulator. They never intended to file anything at all and will certainly not spend any great effort in doing so because they believe the "fix" to be in. Not one of them has even bothered to pay some econo-hack to verbalize their volatility/liquidity fiction as a bona fide threat to the "Holy Economy!" Their late filings are most likely the result of blow back from the SEC seeking something... anything with which to provide political cover when The Great Whitewash of Securities Non-Regulation is finally announced to the public. And the industry knows that just about anything will do that trick. After all... nobody in Congress is seeing any blood, much less bodies, in the streets because of all this. Why would... no... How could Congress do anything about it when they themselves manage the worlds largest dead beat borrower with no intention of paying up? Just exactly wHoo is teaching wHoo these sweet little scams?!! 0\|0 *In Robespierre We Trust*

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