Naked Shorting-Hedge Fund & Market Maker manipulation? Message Board

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

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From: ravenseye	9/27/2006 2:43:19 PM
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Pegasus Is De-Listing Liz Moyer, 09.25.06, 10:45 PM ET ...The stock's decline also coincides with the publication of 11 negative research notes from July through August by well-known short-seller Manuel Asensio, who runs his own research firm, Asensio & Co. ... In trying to sort out the information coming to Pegasus’ transfer agent from brokers and information on the company’s stock held at the Depository Trust & Clearing Corp., it became clear that there was a problem. Brokers are reporting more shares--3 million to 22 million, depending on what data is examined--than exist. ... Volume on Pegasus soared from basically nothing at the beginning of 2006 to more than 1 million trades a day. On Sept. 5, more than 17 million shares traded hands. Pegasus has a free float of about 16 million shares. On Aug. 17, Pegasus also joined a list of Nasdaq stocks that have the most trade settlement failures. It has stayed there since.... read the whole article @ forbes.com pacer.ca4.uscourts.gov secinfo.com asensioexposed.com rgm.com Department of Enforcement v. Asensio Brokerage Services, Inc. and Manuel Peter Asensio, 2005 WL 900181 (NASDR) (Jan. 4, 2005) appeal docketed, Complaint No. CAF030067 (representing broker-dealer and securities analyst in appeal of NASD Hearing Panel Decision involving violations of analyst disclosure rules). 64.233.167.104

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