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Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation?

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To: rrufff who wrote (477)11/9/2005 9:57:27 AM
From: Clase Azul  Read Replies (2) of 5034
 
"what you miss is that Joe Public is not helped by letting short scammers take their money instead of insiders and vulture financers."

First of all I'm not talking about short scammers, I am talking about legal naked or clothed shorting that sometimes exposes scams. What you may be missing is that insiders and financers take A LOT more from Joe Public then any short could ever. That is the way the market works as I hope you know. And, if a short exposes a company for what its worth, they are not SCAMMING anybody. HUGE difference.

"as well as preventing naked short selling, abuse of the exception by MM's and, finally, regulation and disclosure by hedge funds.

So you are saying you'd rather have no or very very limited shorting in cheap stocks rather then giving someone the ability to that has the proper license and hopefully experiece and is regulated? That's quite a disservice to everyone, don't you think? I don't see you asking to make shorting easier for everyone, right? You are doing the opposite because you "believe" there is a huge problem and you have admitted to being jealous. What do you think of a market without shorts? That's pretty much what has existed since 3370 and sho. Don't you see there are no more short covering bounces in the charts?

Since you haven't answered me on the effectiveness of the threshold list I am going to assume (maybe incorrectly) that you think is isn't working. Why else would you still be beating your drum. I think it is as I know of people getting bought in and I truly believe the .05% and 10,000 mininum is plenty low so retail can see if their stock has been shorted. Have you noticed that buyins.net stocks usually tank when they release them? ROFL! that's one of your links btw. He had a $50,000 fine levied on him from the nasd in case you didn't research it.

"Do all that and you would have a market that is fair, honest and level for all, including retail investors."

It's kind of amusing that you really think something like this will EVER happen. I agree with it but it's a complete dream and it frankly makes you seem silly. B/Ds and people with money will always have an upper hand no matter what you propose. You realize this is the most highly regulated industry in the world already? It's not like being a criminal lawyer or something.
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