WE WERE ROBBED!!!"On January 3rd, Regulation SHO went into effect. As a result, all securities where a deficiency exists in locating shares to short will now be called to cover."
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The Regulation also states that any security is deficient if more than 1/2 of 1% (10000 minimum)of its outstanding shares is held in a state of "failure to locate" and "failure to deliver". Essentially, they are naked short shares. Shares that do not exist.
Threshold Security List - Friday, January 07, 2005
Symbol Security Name Market
Category Reg SHO Threshold Flag
AAII AAIPHARMA INC Q Y
AATK AMERICAN ACCESS TECHNOLGS INC S Y
ABFI AMERN BUSINESS FINL SVCS INC Q Y
ABSSF AIRBOSS OF AMERICA CP NEW(F) u Y
ACTY ACCESSITY CORP NEW S Y
ADDI ADDISON-DAVIS DIAGNOSTICS, INC U Y
ADIE AUTODIE CORP u Y
ADRA BLDRS ASIA 50 ARR Q Y
ADRD BLDRS DEVELOPED MKTS 100 ARD Q Y
ADVK ADVANCED SOLUTIONS & TECHNOLOG u Y
AEGN AEROGEN INC S Y
AFKDY AFRIKANDER LEASE LTD ADR u Y
AFTC AMERN FILM TECHNLGIES INC u Y
AGEN ANTIGENICS INC. (DEL) Q Y
AGPT AGRIPOST INC u Y
AGYRP ALLIANT ENERGY RES INC 7.25% S u Y
AKOL ALASKA OIL & GAS LTD. u Y
AKSY AKSYS LTD Q Y
ALDA ALDILA INC Q Y
ALYNQ ALYN CORPORATION u Y
AMCVQ AMERICAN CLASSIC VOYAGES CO u Y
AMGJ AG MEDIA GROUP INC u Y
AMTC AMERITRANS CAPITAL CORPORATION S Y
AMXI AMNEX INC u Y
ANDR ANDREA ELECTRONICS CORP U Y
ANGC ANGELES CORP u Y
ANLT ANALYTICAL SURVEYS INC-NEW S Y
ANTP PHAZAR CORP S Y
AORMF ANORMED INC u Y
APPX AMERICAN PHARMACCUTICAL PARTNE Q Y
AQGL AQUAGEN INTERNATIONAL INC. NEW u Y
ARRU MERRILL LYNCH & CO INC ARN LKD Q Y
ARWR ARROWHEAD RESEARCH CORP S Y
ARWRW ARROWHEAD RESEARCH CORPORATION S Y
ASAB ASIA BROADBAND INC u Y
ASBFY ASSOCIATED BRITISH FD PLC ADR u Y
ASFZ ASSOC.FIRST CAP CRP RVO u Y
ATADF ATAC RESOURCES LTD (CDA) u Y
ATCO AMERICAN TECH CORP (DEL) NEW S Y
ATNAF ATNA RESOURCES LTD (F) u Y
AUGB AMERICAN UNITED GLOBAL INC-NEW u Y
AVCD ADVANCED CMPTR TECHNIQUES CRP u Y
AVNA ADVANCE NANTECH INC U Y
AVNNF ADVANTAGE ENERGY INCOME TR UNI u Y
BDYS BODYSCAN CORP u Y
BEVI BEVSYSTEMS INTERNATIONAL INC u Y
BIEL BIOELECTRONICS CORP u Y
BIGD BIG DADDY'S BBQ RACING CO. u Y
BIKO BICO INC U Y
BIOW BIOMEDICAL WASTE SYS INC u Y
BKCI BUCKEYE COMMUNICATIONS INC u Y
BKHM BOOKHAM INC Q Y
BLRB BLUE RIBBON INTERNATIONAL INC u Y
BLTI BIOLASE TECHNOLOGY INC Q Y
BMAL BUSINESSMALL.COM INC u Y
BNKFF BANKERS PETROLEUM LTD u Y
BOOM DYNAMIC MATERIALS CORP S Y
BOOYY BOOTS GRP PLC UNSPONS ADR (UK) u Y
BORD BOARDWALK BANK (NJ) S Y
BPUR BIOPURE CORPORATION CL-A Q Y
BSBLQ SCORE BOARD INC u Y
BSTE BIOSITE INC Q Y
BVHJ BEVERLY HILLS FILM STUDIOS NEW u Y
BVSN BROADVISION INC COM NEW Q Y
CAAS CHINA AUTOMOTIVE SYSTEMS INC S Y
CABG CABG MEDICAL, INC. Q Y
CAFE HOST AMERICA CORP S Y
CALM CAL-MAINE FOODS INC Q Y
CBBS COLUMBIA BAKERIES INC NEW u Y
CBTE COMMONWEALTH BIOTECHNOLOGS INC S Y
CCGC CCC GLOBALCOM CORP. u Y
CFWEQ CONS FREIGHTWAYS CORP u Y
CHCL CHINA CONTINENTAL INC u Y
CHDT CHINA DIRECT TRADING CORPORATI U Y
CHES CHESTER HLDGS LTD u Y
CIFMF CI FUND MANAGEMENT INC u Y
CMKK CHILMARK ENTERTAINMENT GROUP I u Y
CMLGF CROWFLIGHT MINERALS INC u Y
CMNZF CENTURY MINING CO (CA) u Y
CMPGY COMPASS GROUP PLC (UK) u Y
CMTN COPPER MTN NETWORKS INC Q Y
CNDD CONCORDE AMERICA INC u Y
CONI CONTINENTAL INVESTMENT CP-NEW u Y
COSWF CANADIAN OIL SANDS TRUST u Y
CPKYF CARPATSKY PETROLEUM INC u Y
CPRD CORPORATE ROADSHOW COM INC U Y
CRCS CORECARE SYSTEMS INC u Y
CRDM CARDIMA INC S Y
CSCC CENTERSPAN COMMUNICATIONS CP u Y
CSDN CROSSSTREET DISTRIBUTION INC u Y
CSJB MERRILL LYNCH & CO INC JETBLUE Q Y
CSJJ COASTAL HOLDINGS INC NEW u Y
CSSA MERRILL LYNCH & CO INC 8%CALLA Q Y
CSTJ CRESTON RESOURCES LTD u Y
CTCHC COMMTOUCH SOFTWARE LTD S Y
CUAQ CHINA UNISTONE AQUISITION CORP U Y
CUAQU CHINA UNISTONE ACQUSITION CORP U Y
CVQC CIVIC EQUITES CORP u Y
CVVLF CANALASKA VENTURES LTD U Y
CWYR COLORADO WYOMING RESERVE CO u Y
CYBR CYBERCARE INC u Y
CYBUF CYBERSURF CORP (F) u Y
CYTR CYTRX CORP S Y
DAEEF DASHER EXPLORATION LTD u Y
DASTY DASSAULT SYSTEMES SA ADR Q Y
DCTH DELCATH SYSTEMS INC S Y
DCUT DICUT INC u Y
DGRLF DIGITAL ROOSTER.COM LTD U Y
DIGSQ SOFTLOCK.COM INC u Y
DMTHF DIMETHAID RESEARCH INC (F) u Y
DMTI DATAMETRICS CORP u Y
DNTK DAUPHIN TECHNOLOGY INC u Y
DRRAP DURA AUTOMOTIVE SYS CAP TR PFD Q Y
DSMKY DSM NV SPON ADR u Y
DSTI DAYSTAR TECHNOLOGIES INC S Y
DTLXF DATALEX CORP u Y
DVNLF DUVERNAY OIL CORP u Y
DVNNF DEVINE ENTERTAINMENT CORP(F) u Y
DYTK DYNTEK INC U Y
ECSPQ ENRON CAPITAL RES LP 9% PFD A u Y
ECST ECOST.COM INC Q Y
EDGR EDGAR ONLINE.INC Q Y
EEEI ELECTRO ENERGY INC S Y
EESI EMERGING ENTERPRISE SOLUTIONS u Y
EIDSY EIDOS PLC ADR Q Y
ELOS SYNERON MEDICAL LTD ORD SHARES Q Y
EMTI ENVIRONMENTAL TECHNOLOGIES INT u Y
ENGY ENVIRO- ENERGY CORP u Y
EPMD EP MEDSYSTEMS INC S Y
EQTX EQUITEX INC S Y
ERHC ENVIRONMNL REMEDIATION FUNDING U Y
ESOLQ EMPLOYEE SOLUTIONS INC u Y
ETAD ENTRADE INC(HOLDING CO) u Y
ETLC ETELCHARGE.COM INC u Y
EVAM ENVIRONMENTAL ASSETS MGMT INC u Y
EVLO EVOLVE ONE INC NEW U Y
EVRC EVERCEL INC u Y
FANT FINANTRA CAPITAL INC u Y
FCACF FORMATION CAPITAL CORP (F) u Y
FDEG FRIENDLY ENERGY CORPORATION u Y
FDEI FIDELIS ENERGY INC U Y
FLMP FLAME SEAL PRODUCTS u Y
FPFX FIRSTPLUS FINANCIAL GR INC u Y
FPXA FORTUNE NATURAL RESOURCES CORP u Y
FRDM FRIEDMANS INC CL-A u Y
FRLLF FARALLON RESOURCES LTD u Y
FSIJ FOOD SAFE INTL INC NEW u Y
FSRT FREESTAR TECHNOLOGY CORP NEW U Y
FSTF FIRST STATE FINANCIAL CORP (FL Q Y
GADZQ GADZOOKS INC u Y
GALB GALTON BIOMETRICS INC NEW. u Y
GBAMF GLOBAL ALUMINA PRODS CORP u Y
GBRIF GOLDEN BAND RESOURCES INC (F) u Y
GCEGF GEOCAN ENERGY INC u Y
GDSJF GOLD SUMMIT CORPORATION u Y
GENI GENESISINTERMEDIA INC u Y
GENM GRAND ENTERTMT & MUSIC INC u Y
GIVN GIVEN IMAGING LTD Q Y
GKNLY GKN PLC SPONS ADR u Y
GLBC GLOBAL CROSSING LTD NEW (BERMU Q Y
GLBE GLOBAL ESCIENCE CORP u Y
GLBT GLOBALNET CORPORATION U Y
GLNC GLOBAL NATIONAL COMMUNICATIONS U Y
GMDP GLOBAL MEDICAL PRODUCTS HLGS I u Y
GMGX GALACTIC GAMING INC u Y
GNBT GENEREX BIOTECHNOLOGY CORP S Y
GOAM GO AMERICA INC NEW S Y
GORX GEOPHARMA INC S Y
GSREF GASTAR EXPLORATION LTD u Y
GTEL GLOBETEL COMMUNICATIONS CORP U Y
GTKN GAME TECHNOLOGIES INC u Y
GTTLQ GT GROUP TELECOM INC CL B u Y
GUCG GUCCI GRP NV(COM2.23 DTCH GLDS u Y
GWLG GROWTHLOGIC INC u Y
GZFX GAMEZNFLIX INC U Y
HCCF HEE CORPORATION COMM STK u Y
HCCFP HEE CORPORATION PFD u Y
HCNP HAMPTON CONSULTING CORP u Y
HMYRQ HEILIG MEYERS COMPANY u Y
HOFF HORIZON OFFSHORE INC Q Y
HPON HOP-ON.COM u Y
HPRIF HIGH POINT RESOURCES INC u Y
HTBI HOT BRANDS INC u Y
IBYXF INTL BARRYTEX RES LTD (F) u Y
ICTN INNOVATIVE COMMUNI TECHS INC u Y
IEME IEMI u Y
IFTA INFOTOPIA INC - NEW u Y
INCX INTERCHANGE CORPORATION S Y
INFY INFOSYS TECHNOLOGIES LTD ADS Q Y
INGN INTROGEN THERAPEUTICS INC Q Y
INLRF ICON LASER EYE CENTERS INC u Y
INMD INTEGRAMED AMERICA INC Q Y
INSM INSMED INC-NEW Q Y
INTZ INTRUSION INC NEW S Y
INWD INWOOD DEV CORP u Y
IQBX I Q BIOMETRIX INC NEW U Y
ISON ISONICS CORP S Y
ISONL ISONICS CORP WTS B 12/31/2005 S Y
ISONZ ISONICS CORP WTS C 12/31/2005 S Y
ISRI INTL STAR INC u Y
ISTM I-STORM INC. u Y
ITVGF ITV GAMES INC u Y
IVWFF IVERNIA INC u Y
IWSI INTEGRATED WASTE SVCS INC. u Y
JCOUF JEAN COUTU GRP CL-A S/VTG u Y
JMYCW JAMESWAY CORP WTS 1/27/10 u Y
JNRRF JNR RESOURCES INC (F) u Y
KENS KENILWORTH SYSTEMS CORP u Y
KNBWY KIRIN BREWERY LTD SPONSORED AD S Y
KOOP DRKOOP.COM INC u Y
KQIPQ KPNQWEST NV CL-C NY REG SHS u Y
KSUAO KANSAS CITY SOUTHERN 4.25% PER u Y
LBRT LIBERATE TECHNOLOGIES u Y
LGREF LOGAN RESOURCES LTD (CANADA) u Y
LIHRY LIHIR GOLD LTD SPONS ADR Q Y
LNMIY LONMIN PLC SPONS ADR-NEW u Y
LNVGY LENOVO GROUP LTD SPONS ADR u Y
LRLSQ LORAL SPACE & COMMUNICATIONS L U Y
LTWC LTWC CORPORATION u Y
MAGS MAGAL SECURITY SYSTEMS LTD-ORD Q Y
MBND MULTIBAND CORP S Y
MBTA TRANSMEDIA ASIA PACIFIC INC u Y
MCHX MARCHEX INC Q Y
MCLDW MCLEODUSA INC WTS NEW U Y
MCSIQ MCSI INC. u Y
MCYPF MUSICRYPT INC (CANADA) u Y
MDDM MDM GROUP INC u Y
MDLK MEDIALINK WORLDWIDE INC Q Y
MDMN MEDINAH MINERALS INC u Y
MEGL MESA GOLD INC u Y
MEIX MUTUAL EXCHANGE INT'L INC u Y
MEMI MIRACLE ENTERTAINMENT INC u Y
MHNZF MATCHNET SPN REG S GDR u Y
MLKKF MERCATOR MINERALS LTD u Y
MMFS MEM FINANCIAL SOLUTIONS, INC. u Y
MMUS MAKEMUSIC INC NEW S
MNCP MOTIENT CORP u Y
MPTT MPTV INC-NEW u Y
MRLE MERL HOLDINGS INC.COM u Y
MTXLF MATERIALS PROTECTION TECHNGY(F u Y
MUGRF MURGOR RESOURCES INC (F) u Y
MWAV M-WAVE INC S Y
MXAL METAL RECOVERY TECHNLGS INC u Y
MXAM MAXAM GOLD CORPORATION u Y
NAVR NAVARRE CORP Q Y
NCLRF NORTHERN CONTL RES INC (F) u Y
NDVLY NEW WORLD DEV CO SPONS ADR u Y
NEKDA NEUROTECH DEVELOPMENT CORPORAT u Y
NELMQ NATURES ELEMENT HOLDING CRP u Y
NFLD NORTHFIELD LABORATORIES INC Q Y
NFLX NETFLIX COM INC Q Y
NFXGF NFX GOLD INC (CANADA) u Y
NGEN NANOGEN INC Q Y
NGPC NGP CAPITAL RESOURCES COMPANY Q Y
NGTHQ NEXT GENERATION TECH HLDGS INC u Y
NHCMF NHC COMMUNICATIONS INC (F) u Y
NLBC NELSON L B CORP u Y
NLRRF NELSON RESOURCES LTD u Y
NMCX NMC INC u Y
NPNI NEPTUNE INDUSTRIES INC u Y
NRDS NORD RESOURCES CORPORATION u Y
NSDM NORTH STAR DIAMONDS INC u Y
NUSI NUTRI SOURCE INDUSTRIES INC u Y
NVAX NOVAVAX INC Q Y
NVEC NVE CORPORATION NEW S Y
NVONF NUVO NETWORK MGMT INC u Y
NVPGF NEVADA PAC GOLD LTD u Y
NWPWQ NEWPOWER HOLDINGS INC u Y
OBTV ORBITTRAVEL.COM CORPORATION u Y
OGAM ONLINE GAMING SYSTEMS LTD u Y
OGLEQ OGLEBAY NORTON CO u Y
OLAB ORALABS HOLDING CORP S Y
OMNI OMNI ENERGY SVCS CORP Q Y
OSHC OCEAN SHORE HOLDING CO Q Y
PACT PACIFICNET INC NEW S Y
PDNW PROXITY DIGITAL NETWORKS INC u Y
PDSE PARADISE MUSIC & ENTMT INC u Y
PFMS PAPERFREE MEDICAL SOLUTIONS IN U Y
PGEXQ PACIFIC GATEWAY EXHANGE INC u Y
PHYOY PHYTOPHARM PLC SPONS ADR (UNIT u Y
PLFM PLATFORMS WIRELESS INTL CORP u Y
PLNI PLASTICON INTL INC u Y
PNVNQ PNV INC u Y
POSO PROSOFTTRAINING S Y
PPHD PREMIER PLATFORMS HLDG INC NEW u Y
PPYR PRIMEPLAYER INC u Y
PRAV PARADIGM ADVANCED TECHNLGS INC u Y
PTSEF POINTS INTL LTD (CANADA) u Y
PTSG PETROSEARCH ENERGY CORP u Y
QDXC QUADRAX CORPORATION u Y
QTRO Q TRONICS INC u Y
QURAF QUATERRA RESOURCES INC LTD u Y
RCOQF QUALITY DINO ENTERTAINMNT LTD u Y
REDF REDIFF.COM INDIA LTD ADS S Y
RLTR REELTIME RENTALS INC u Y
RNGZY ROSNEFTEGAZSTROY JSC SPN ADR u Y
SCMI SUNNCOMM INTERNATIONAL INC u Y
SCTN SCHIMATIC TECH INC u Y
SCUI SECURECARE TECHNOLOGIES, INC. U Y
SCXC SCIAX CORPORATION u Y
SDVR SDI VIRTUAL REALITY CORP u Y
SGCNF SUNRIDGE GOLD CORP(F) u Y
SGDTF STERLITE GOLD LTD u Y
SINPY SINGAPORE LAND LTD ADR u Y
SKRZF SKYE RESOURCES INC u Y
SLOAF STELCO INC CV CL-A COM (F) u Y
SLTXF SLATER STEEL INC (F) u Y
SMEFF STORM CAT ENERGY CORPORATION u Y
SMLA STEALTH MEDIALABS INC u Y
SMSE SMS @CTIVE TECHNOLOGIES CORP u Y
SMTKQ SMARTALK TELESERVICES INC u Y
SMTX SMTC CORPORATION NEW Q Y
SNPC SUNPOINT SECURITIES INC u Y
SOLD HOUSE VALUES, INC Q Y
SONT SONTRA MED CORP S Y
SPCBF SUPERCOM LTD (ISRAEL) U Y
SPRL STRAT PETROLEUM LTD NEW u Y
SPRS SURGE COMPONENTS INC u Y
SQNC SEQUOIA INTERESTS CORPORATION u Y
STGIF ST GENEVIEVE RESOURCES LTD u Y
STIY STINGER SYS INC u Y
SYHO SYNERGIE WELLNESS PRODUCTS INC u Y
TASR TASER INTERNATIONAL INC Q Y
TAYD TAYLOR DEVICES INC S Y
TBAH TUBAC HOLDINGS INC u Y
TEIL 3E INTERNATIONAL CORP u Y
TINN TRIAD INNOVATIONS INC u Y
TKHL TKO HLDGS LTD u Y
TLXFQ TOOLEX INTL N.V. ORD u Y
TMARQ TRICO MARINE SERVICES INC u Y
TMBN TIMBER RESOURCES INTL INC NEW u Y
TMMG TRIM IMAGE INC u Y
TNGO TANGO INC u Y
TPBV TROPICAL BEVERAGE INC u Y
TPLQ TPC LIQ INC u Y
TRICY TRICOM SA ADS(RP 1 CL A COMM) u Y
TSAR TRISTAR CORP u Y
TSENF TELESCENE FILM GROUP INC u Y
TTNP TUTORNET.COM GROUP INC u Y
TTWP 12 TO 20 PLUS. INC. NEW U Y
TVGTF TVG TECHNOLOGIES LTD-ORD- u Y
TYRRF TYLER RESOURCES INC (F) u Y
TZOO TRAVELZOO INC Q Y
UEYCF U.T.S. ENERGY CORP u Y
ULTEE ULTIMATE ELECTRONICS INC Q Y
UNMPL UNUMPROVIDENT CORP ADJ CONV RA u Y
UPGD UPGRADE INTL CORP u Y
USCA U.S. CANADIAN MINERALS, INC. N u Y
USWF US WIND FARMING INC u Y
UTDL UNITED LEISURE CORP u Y
VCIX VIRTUAL COMMUNITIES INC u Y
VCMP VCAMPUS CORP S Y
VCSY VERTICAL COMPUTER SYS INC-NEW- u Y
VERGF VERB EXCHANGE INC u Y
VERT VERTICALNET INC S Y
VGENQ HARVARD SCIENTIFIC CORP u Y
VIRFF VIREXX MEDICAL CORP u Y
VLTS VALENTIS INC S Y
VNCO VENCOR INTL INC u Y
VPER VIPER NETWORKS INC. u Y
WATFZ WATERFORD WEDGEWOOD PLC ADR UT Q Y
WFDNF WOLFDEN RES INC (CDA) u Y
WGFL WORLD GOLF LEAGUE INC (THE) NE U Y
WHRT WORLD HEART CORPORATION (CANAD Q Y
WJTAF WESTJET AIRLINES LTD u Y
WLSF WELLSTONE FILTERS INC U Y
WSTM WORKSTREAM INC S Y
WTFCP WINTRUST CAPITAL TR I PFD Q Y
WWEN W2 ENERGY INC. (NV) u Y
XEDA AXEDA SYSTEMS INC S Y
XING QIAO XING UNIV TELEPHONE INC Q Y
XLACF XCELERA INC u Y
XNVA XENOVA GROUP PLC ADS-NEW Q Y
XTMG XTREME TECHNOLOGIES INC u Y
XYNY XYNERGY CORPORATION u Y
YUKOY YUKOS CORP SPONS ADR u Y
ZANN ZANN CORPORATION U Y
ZEDKF ZED.I SOLUTIONS INC u Y
ZOLT ZOLTEK COMPANIES INC Q Y
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Tonite, the first list of Nasdaq stocks falling into this category was released and it contains some 3400 stocks and/or ETF's. That is just on Nasdaq alone. That is virtually all Nasdaq related stocks that are traded with any frequency.
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This only stands to reason though. Since the Bubble of 1999, rampant naked short selling has been going on in our markets daily. It is estimated that over 500 billion shares are held as naked short shares against our markets. Over $5 trillion has been sucked out of our economy by the crooked market makers, brokerages, and naked short selling practices of some 6000 boutique hedge funds.
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TIME TO PAY "crooked market makers, brokerages, and naked short selling practices of some 6000 boutique hedge funds."
I DONT FEEL ONE BIT OF REMORSE!!!!!!!!!!!!
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The implications of this present situation are astronomical. The new SHO regulation says that these "deficiencies" must be covered immediately. Those companies appearing on the list have 5 days to cover those shares that are not authorized where there is a failure to locate. Many stocks have untold millions...if not billions of naked short shares outstanding. Many of them are easily more that the outstanding shares of the company.
It is easily understanable then, why it could take 2-3 years of solid, non-stop short covering to eliminate all the deficiencies in this market. Could you imagine a 2-3 year short squeeze? That is the immediate implication. By failing to immediately cover these positions, market makers and brokerages face untold fines, sancture, license revocation, and jail time.
The immediate panic to cover could easily cause a stampede on the markets...particularly the Nasdaq. Virtually all shares held short by anyone are naked short shares. Any shares held by anyone beyond the shares authorized by the company are naked short shares. They are ALL a "failure to locate". While some Market Makers my be exempt, it will not matter. The stampede will force the hedge funds to begin buying with a frenzy. Retail shorts will be lucky to get a fill anywhere.
Market Makers are going to take care of themselves first no matter what. They have 5 days to cover and eliminate the deficiencies. The retail short trader now has an immediate call to cover. It is NOT I'll cover when I want to. It is NOT I'll cover if the price goes up. It is cover or have your shares covered for you.
Many Market Makers will drive up the prices to effect more shorting at hugely inflated prices. All current short shares held will be in an immediate call, so there is no "averaging up" as it were.
You could easily see the largest short squeeze in history happen as early as Monday. Stocks could open up 2, 3, or 5 times their present value as the stampede to cover begins. It will be "cover at any price" as the retail investor will be forced to cover first. These deficiencies MUST be eliminated immediately. If not, it tells the world that our markets are as crooked as they come if they didn't know it already. It also says the SEC invokes a rule with no intention of enforcing it.
Every short seller now faces losing everything and even money they wouldn't even dream of making. Charts and company values will have no meaning. They've coiled the spring so tightly for the past 4 years that every short seller stands to lose millions...if not billions of dollars. Buy stops will be taken out everywhere. Panic short covering at every turn.
After the run over 5000 on the Nasdaq, it was the only way they could keep from losing everything. That is why the Nasdaq fell to 1100 after that run...naked shorting. They have never covered those shares. They MUST be made to do so NOW!
Now, the shorts have taken a complacent attitude that they can keep right on shorting and take every stock to zero. This new Regulation makes that the furthest thing from reality. In fact, it now brings the other end of the spectrum into play just like 1999. It happened once. It can happen again.
No more shares available to short. No short can "average-up". No more shorting into the bids without an uptick. Immediate calls to cover on over 3000 stocks just on the Nasdaq alone. Shorts will gladly pay 2 times the present value of a stock just to lose it all so they can avoid losing more money than they can ever dream of making or finding.
Now, what can you do to help? That is simple. You have a chance to make untold riches at the expense of anyone who holds a stock short. We have to tell the world that it is about to happen. Since most of the media is being paid by various groups from brokerages to off-shore hedges for their biased reporting and ###### against companies, they will not listen. But somebody will. Just as much as the media is biased, there is another that loves to sensationalize. Bill it as "The Largest Short Squeeze In History". Send a letter to your local media outlet. Contact Elliot Spitzer if you want. Spread the word to every trader you know. Post this note on every message board you can find if you wish. Everyone needs to know that now is the time to buy and take advantage of the panic short covering across all markets.
Remember what my earlier note said though? All traders MUST get their accounts back to a balance that is below their cash value. In other words, no margin balance of any kind. Once you are there, if you are not already, contact your broker immediately and tell them you want it in writing that your shares will NOT be made available for shorting. Even if you have a margin account,
just do not hold any DEBIT balance over the actual cash in your account. Then, the positions you hold cannot be shorted against. This will only accentuate the lack of liquidity the shorts will have to cover into. It will be tempting to buy on margin into the short covering frenzy. That is the worst thing you can do. You have to sit on your hands. Once you even have a penny of margin balance, all the shares of everything you own are now available to someone else to short against you.
So, your job this weekend is to contact anyone with an e-mail address. Spread the word that The Largest Short Squeeze In History Is About To Take Place. We need to show the world that this market is by and for the American people and not for the crooks who make a market in it, or trade in it illegally with shares that don't even exist.
Here is the FIRST list of all the companies on Nasdaq that have a deficiency. Forward this link to all you send your note to:
http: //www. nasdaqtrader .com/dynamic/SymDir/nasdaq .txt
Do not believe what you read from these boards, Half are written by people who dont have a clue just wait and see. The first report came out and said Only co. that file. Now it looks like everyone. And no one is being grand fathered
DKGOSS HOPE THIS HELPS.. IF NOT JUST ASK ILL BE GLAD TO EXPLAIN IT FUTHER
REMEMBER SPRL O/S IS 85 MILLION .. NOW WE MADE IT ONTO THE " REG SHO " LIST ..
WHY???
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The Regulation also states that any security is deficient if more than 1/2 of 1% (10000 minimum)of its outstanding shares is held in a state of "failure to locate" and "failure to deliver". Essentially, they are naked short shares. Shares that do not exist.
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SO IT VERY OBVIOUS THAT SPRL HAS A NAKED SHORT OF ATLEAST
1/2 PERCENT AGAINST THE OUTSTANDING SHARES MINIMUM!!!!
ILL BET YOU THERE MUCH MUCH MORE THAT THAT!!!
HOW WILL WE KNOW THE NAKED SHORT IS COVERED???
THE LIST IS UPDATED EVER DAY...HAHAHHAHA
ANYONE WHO HAS A SELL ORDER IN ON SPRL...REMOVE IT!!!! AND LET THEM PAY MORE!!!!!!!!!!
BALLS IN OUR COURT NOW..
DO NOT GIVE AWAY YOUR SHARES!!!!!!! |
