SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ravenseye who wrote (2103)11/19/2006 10:00:54 AM
From: rrufff   of 5034
 
I haven't followed SSSU unfortunately, but I notice one of the hedge fund defending hypocrites in chief put together a list of NOBO stocks and he claims that each one has tanked. He apparently did not list SSSU. He also measured the stock price on the date of the PR. Most traders know that it is silly to buy a sub-penny stock on the day of a PR. There is almost a pullback as quick flippers go from PR play to PR play. Any follow through affect of something like getting naked shorts to cover is going to take time. Ordering a NOBO list is a first step. If the company is legit, it has to then put pressure on the MM's. Of course, they have to decide if they really want to go through SEC scrutiny so, that's why I add, that the company must be legit as requests for SEC action could backfire otherwise.

Again, I really haven't been following the penny plays that have PR'd their NOBO requests except for EQBM and DKGR. I'm not sure if DKGR has done anything. EQBM is supposed to have something going on. I think those are the only 2 I own that have ordered NOBO lists and I owned them before and independently of this, both very speculative gold plays.

I'm interested in seeing how these things turn out. I suspect that many of the sub-penny plays did pile on to this to hide their own problems. However, it's hypocritical of supposed "crusaders" to claim that every single one is a scam by virtue of their claiming Naked Short manipulation.

These hyprocrites have a motto that is basically "my scam is ok, yours is not."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News