Patchie exposes one of the internet's worst hypocrites and disinformation experts.
To: Jeffrey S. Mitchell who wrote (95726) 10/3/2006 6:41:32 AM
From: Patchie Read Replies (2) of 95745
Jeff, you idiot.
Take a close look at regulation SHO and the companies listed.
According to you "you'd expose most of the scam penny stocks well before they had a chance to put the blame for their bad fortune on the bogey man". One problem. Most are not penny stocks.
There is a very high concentration of medical research firms on SHO. The airline sector is on SHO, and then you have your Overstock.com, TASER, NFI, Netflix, Crocs, Martha Stewart, The NYSE Group, Vonage, Global crossings, Travelzoo, and Cal-Maine. Fact is, there have been thousands of companies listed that are trading on the big boards and - the ilk like you - are too narrow minded to see that. The party line to you and your incompetent shared brain group is that you stereotype everything into being a penny stock scam. EXCEPT it goes far beyond penny stocks and you can't see that.
The FOIA data is what it is. The SEC claims "the data" shows an improvement in the process except when you get "the data" it proves otherwise (Fails 18 months later were higher across the board). The FOIA data proves FTD's grew 7X on Overstock while the company was listed on SHO and the stock tanked. The FOIA data showed a market prejudice in Global Links allowing fails to decimate a market cap and allow 1 person to pick up nough theoretical shares to own the shares outstanding for $5000.00.
You don't seem to have a problem with market abuses because you believe every abused company is a scam before you ever even start to prove it is. You are under the perception that to kill a street bum is okay because somehow they have less rights than others. If they are all "penny stock scams" than that makes you pond scum for being so blinded with prejudice. But don't worry, the market won't kill you the way it is killing these companies and the families who rely on these companies for income. COWARD!
BTW...What exactly is your point in all this? You seem to track penny stocks routinely. If they are all scum, why spend so much research time on them unless, you are actually trying to profit from them and then that makes you.....Why not play with the real companies if you are so concerned about penny stocks?
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