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

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To: rrufff who wrote (559)12/1/2005 7:34:09 PM
From: peter michaelson  Read Replies (1) of 5034
 
rruff, I am happy to say that we are in full agreement when it comes to Cornell and such financiers.

This is the sort of thing I meant when I said the issue is not necessarily naked vs. covered shorting, but shorting by the likes of Cornell who are guaranteed a source of stock with which to cover.

Anyway, perhaps we retail shorts ought to join with you anti-naked shorts and fight the real enemy instead of one another.

I'm with you too as far as transparency on all shorting issues.

I guess we bulletin board shorts got yelled at and threatened so often by stock swindlers that we became a bit over-sensitive.

Cornell and the like are, in my opinion, way under-regulated.

Peter
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