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Pastimes : Investment Chat Board Lawsuits

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From: StockDung4/3/2005 7:38:30 PM
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Petition Against Petitions Against Naked Shorting
This petition is for individual investors only; NAFF members, please continue to use this version.

freedomfunds.net

In signing this petition, you are requesting that there be an independent Congressional investigation into the flood of abusive and deceptive petitions being sent to the Securities and Exchange Commission regarding the investment strategy of naked short selling. This petition will request that the investigation seek answers as to who is really behind these petitions, which are clearly being orchestrated in order to distract the Commission from what it does best, namely to proceed with very deliberate caution while the markets take care of themselves.

Since the early 2000's, a small group of shady stock promoters, many of them convicted of securities fraud, have waged an increasingly vociferous campaign against various trading practices routinely used by private investment partnerships, especially so-called "naked short selling." As an investor in one or more of these private investment partnerships, I am outraged that these criminal elements are trying to reduce the effectiveness of the managers I trust with my investment dollars.

This campaign is clearly a smokescreen to draw attention away from the illicit promotion, massive dilution and insider enrichment that are the norm in the microcap equity markets, all at the expense of the gullible public that speculates there. So far, the SEC has failed to investigate those behind this nefarious and fraudulent campaign, but we demand that action be taken, that those responsible be held accountable. We must not lose the investment freedoms that have made this country what it is today.

DISCLAIMER: Your email address will only be used for this petition and will not be used for solicitation of investment opportunities, nor will it be given to any 3rd party.

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Optional: stocks you think are short-to-zero certainties, esp. those where CEO blames "naked shorts" for the stock price (what professionals call "Probable Opportunity Securities"):

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