PLNI - Game Over Message Board

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Microcap & Penny Stocks : PLNI - Game Over

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From: rrm_bcnu	12/21/2005 7:59:58 AM
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This seems to apply here: cfrn.net Naked short selling consists of persons selling (or colluding with others to sell) massive quantities of stock they neither own nor have arranged to borrow. They do so with the intent to manipulate downward the stock price of targeted companies in order to profit by a repurchase of the stock following the downturn, making tens (or hundreds) of millions of dollars engaging in this illegal conduct. Abusive short-sellers frequently never deliver the stocks they are selling, but rather postpone trade closures indefinitely. Continued abusive short-selling practices pose strong potential for a systemic Wall Street meltdown that will undermine our capital system and our economic strength. The prosecution of Enron executives will begin in January 2006. On the heels of this tragedy, we are convinced that Main Street shareholders, through their retirement and other accounts, again may be at risk because of the manipulation of the markets This conduct is a serious disease in our capital markets and calls for immediate corrective action. Patrick Byrne President Overstock.com Inc.

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