Really, gary, once one gets to the aforementioned link you posted, there is a left side Frame with all these sub links...it took me 6 tries to finf the one to put YOUR "POS" purposivly ommitted sintext post into a context:
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Stock Investigations, Scams, and Links
Nasdaq Market Makers Anti-Trust Litigation (Settlement for Collusion)
68 Individuals / Entities Charged With Fraud or Financial Reporting Abuses
UniPrime & Alfred Flores: Lied about Cure for Aids
Underwriter for two IPOs charged in a Pump & Dump Case
ARETE charged for Providing False Statements in News Releases to Pump their stock
False Press Releases Issued through Internet News groups
A Variety of Companies Charged with Issuing Unregistered "Free" Stock
IBM Employee and Friends Charged with Insider Trading
Attorney Hartley Bernstein Charged with Fraudulently Selling Securities to IPO Underwriters to help them Cover Their Severe Short Position
Micro Warehouse CFO Charged for Falsifying Company Books and Records
Miniscribe CFO and Others Charged with Fraud to Hide Company's Financial Condition
82 Charged in Second Microcap Fraud Sweep
NYSE violated Section 19(g) of the Securities Exchange Act of 1934 (Exchange Act) by failing to enforce compliance with federal securities laws and NYSE rules prohibiting proprietary and on-floor trading by NYSE floor broker members
Testimony of Arthur Levitt
The Stock Detective
Collusion by Nasdaq Dealers
Bankers Trust
A "Short" Story: The Commuter - Part 1 (Fiction)
A "Short" Story: The Commuter - Part 2 (Fiction)
The Bond Pit
WSJ: Chop Stocks
Canadian Short Sales
Mechanics of Shorting
The Mob on Wall Street
Chester Holdings / Aqua Bouy Suit
State Street Bank and Trust
Chicago Stock Exchange Almost Bankrupted by a Single Shorter
The Nasdaq Trader Manual (Rules for Nasdaq Dealers)
SEC Facts on Microcap Fraud
SEC Home Page
SEC Litigation
OTCBB Home Page
US Court Case Search
Technical Analysis Master Index
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Understand now?????????????????
Gary, I don't want to throw stones...but I am right and you are wrong.
Chucka-Twist & Distort Happens here.
PS- Over LAST MONTHS??? No over 3+++ years ago:
<<..OCTOBER 4, 1996
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Investor Perils from Canadian Short Sales & Media Disinformation
According to one unsubstantiated rumor, the short sale position for Naxos, prior to the stock being halted from trading, was between 5 million and 7 million shares. But according to the Alberta Stock Exchange there were only around 80,000 shares of Naxos sold short. Discrepancies between the "official" short sales and rumored shorts sales is nothing new in the Canadian equities markets. Since I began publishing this newsletter fifteen years ago this month, I have learned that most smaller public companies in Canada that have some success in Canadian equities markets, believe that actual short sales almost always exceed "officially acknowledged" short sales by a very large margin.
For many years I naively shrugged my shoulders at these constant concerns. I reasoned that the intrinsic value of a company vis-a-vis its share price is what really mattered. If the price of the stock is considerably below its value, then I want to own it. If it is overpriced, I want to sell. I always believed that it did not matter why the stock was undervalued. While my thinking may have been correct in a text book sense, the fact of the matter is that extensive short selling can and has often ruined good, legitimate Canadian companies by depriving them of the ability to raise funds to see the light of the next day. The recent unfair treatment of Naxos Resources in the press (and also I believe by the Alberta Exchange) was one reason that I recently began to get very interested in apparent unethical if not illicit behavior on the part of the Canadian securities establishment.
Over the past several months, I have spoken to a number
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in 1996 in those MONTHS! See? Logic is game one! |
