tippet, are you one of these evil shorters they are describing in this petition? :-)
petitiononline.com
To: Market makers
ATTENTION INVESTORS IT IS TIME TO SAY ENOUUGH IS ENOUGH!!! TIME TO TAKE A STAND BOYCOTT of the OTCBB Effective Sept 24th to 26th, 2001 If your tired of Market Maker Manipulation (MMM) of your stocks then we kindly as you to join us in taking a stand against what we feel is at the very least suspect behavior IMO. We as A group of seasoned OTCBB traders know that MMM is absolutely out of control and the human Factor for greed has taken over with the Market Makers. No matter how much they try to tell us that it is not them, we know it has a lot to do with it. As I suspect a lot of you out there know too, that it is an obvious case of manipulation. The Naked shorting has gone on tracked for too long. What we are asking is for you to consider joining with us on imposing a Boycott on the OTCBB for A period of 3 days. We need to send a message that we are tired of all the endless Naked shorting, the 100 share prints at the bid, the ridiculous spreads. Are you tired of seeing a stock sit for days with a .03 x .05 bid and ask and the moment someone finally decides to buy at .05 cents seconds later they lower it. All the walk downs on small volumes, move on no prints, can't buy when you want, can't sell when you want, are you ready to say enough is enough? If so join us on September 24, 2001 through September 26, 2001 during which time we will cease all trading on the OTCBB, we will be alerting every media stream possible to have our voice heard. Of course you can choose not to join us and we can continue to take it on the chin from the MM's. Keep in mind though there will be a lot less players during these three days. Come join us, we need to take a stand. We need to get things back onto to a fair playing field. What do we hope to achieve? 1. We want our voice heard that Naked shorting without any requirement to cover has to stop 2. That a electronic trading system be implemented ASAP 3. That we are tired of the games What ever you decide, I wish everyone all the best in their investments.
Sincerely,
The Undersigned |
