What is intersting is this petition alone has gotten some interesting verifications by short sellers both on the threads and even on the petition: (one media watching as this develops is astonished at the arrogance and the revealing scenarios that are coming out)
1. They confess they are organized with leaders
2. They hammer targeted stocks by repeated waves of selling thus creating "death spirals" / "Bear Raid" / "Piling On"
3. They have offshore accounts to avoid regulations and disclosure
4. They do not have to borrow to short any stock because a short sell offshore is reported as a sell from off shore
5. They act and post the same as a terrorist (See Below)
6. They are organized naysayers, doomsdayers
7. They are all-around troublemakers and disruptors to any information
8. They love to gloat when the market tumbles
9. They confess the SEC and the Feds look the other way
10. They confess they control the market thus total power brings about total corruption
11. They confess to dilution in the market by added shares that are not borrowed
12. Any stock in market is vulnerable to their manipulation even though a Broker Dealer may only extend credit on securities which are deemed "marginable" by the US Federal Reserve Board (FRB). Marginable securities include:
* All "listed" securities
* Securities on the NASD's National Market System (NMS/NMM).
* OTC securities on the FRB margin list
* Government and municipal bonds
* Additional securities may be marginable, subject to approval by the FRB and your Broker-Dealer.
13. By going off shore they can avoid regulations and fees such as all short sells may only be effected in a margin account. NYSE and NASD minimum maintenance requirements in an existing long margin account is 25% equity to current market value. Whereas some brokers may require higher minimums than the NASD or NYSE.
The Federal Reserve Board requires a minimum initial deposit of $2000.00 or 150% of the value of the trade, 100% provided by the proceeds of the sell; whichever figure is greater. & NYSE and NASD minimum maintenance requirements on a short account is 30% equity to current market value. Whereas. Penson/InvestIn.com Securities may require higher minimums than NYSE or NASD.
Shorter Selling Terrorist - Petition 585. Jack Meehoff you are insane, markets can't be controlled, you are one of the stupidest persons(who started this) - too stupid to live !!!! and 583. no - We must remain a free market, if stocks have no earnings then they should be punished.......get over this protectionism s***.you must be a democrat.......
Scary isn't it ... but there is more.
From: Anthony Pacific
To: gary@marketex.net
Sent: Friday, September 28, 2001 11:03 AM
Subject: Dork, cancel your petition before I embarras you publicly
Your petition is b******, get over your own idiocy, shorts sold you stock at the prices you wanted ,if we didnt provide the added shares you would have paid much more and you would recieve much less when it came time to sell
Wisen up moron
This shows a few things.
1. Even Anthony knows that shorts add shares to the market thus diluting shareholder value.
2. Even Anthony knows the market is controlled absolutely by the Shorts.
3. Thus also proves about disclosure because if shorts are selling me added stock ... Then I am not buying from the rightful owners. Thus I am buying Phantom shares.
4. Also since Anthony feels he has to call me a "Dork" & "Moron" I have to wonder what about that petition is so nerve rattling to him.
5. The threat to cancel or face public humiliation sounds like I must have really hit a bunch of nerves.
Even further ...
>> Gary,
>
> Why would I be coming to see you? YOU are attempting to stop a FREEDOM
> that I, and others have. I have NEVER shorted a specific stock...BUT, I
> have 'shorted the market' over the last 2 years...don't you wish YOU
> had???!!!!
>
> Fortunately, I DO have access, and the ear, of a number of people who DO
> make these types of decisions.
The short sellers are on a campaign to stop the petition from being signed so it has no clout. I guess they are really upset.
Struck a nerve. Glad no one else took this petition on. However, I do not intimidate easily, scare nor respond to threats. That petition is going in with what we got on 1 November ...
Doing what we can but the shorts are out to stop it getting out to the public as conveyed by the threatener.
I am also fortunate that some seek out
> my opinion....my personal hope is that they listen to GOOD reason and
> GOOD experience. In this case, it would be my view as opposed to yours.
>
> So far so good....
And in another email ...
I'm tempted to start working to make sure YOU are AT LEAST 'temporarily
halted'...all legal, transparent and with PLENTY of checks and
balances...but wouldn't want to infringe on ANY of your, or our,
freedoms....in fact, am willing to die defending yours, AND mine!
By the way in a write to MSN he claims SI is behind the petition. LOL .... I doubt he knows a Congressman with the Finance Services Committee has made a request to halting short selling and review it before this petition.
Oh well and the saga continues as I collect information to support the petition ...
P2bAAAT & DSAS |
