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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Ga Bard who wrote (92421)9/25/2001 9:23:50 AM
From: Buckey  Read Replies (1) of 150070
 
It is the illegal shorting thats is the true scurge - The naked shorting - The shorting on Downticks that devastate stocks. WE have spent so much effort chasing the pumpers and nailing them but so little time getting the shorters other than the uSXP guy.

Trades should also be more traceable - I have alsways said that we have the technology that trades of the following type could be immediately identified right on the RT ticker

- a short sale
- an insider sale
- a short covering
- anything else out of the ordinary.

I have debated this ad nauseum on the cdn boards over the past few years. Also the uptick rule must be in place and enforced - BUt its the brokers that bend the rules as always - unltimately the control would rest with them but they are the most money grubbing scum on earth - YES - even worse and more unethical than lawyers
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