Anthony@Pacific & TRUTHSEEKER Expose Crims & Scammers!!! Message Board

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Strategies & Market Trends : Anthony@Pacific & TRUTHSEEKER Expose Crims & Scammers!!!

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From: ravenseye	11/3/2007 1:16:13 PM
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Upcoming Events November 16th, 12:00 PM CAPT Hosts Former SEC Chairman Harvey Pitt The Maylflower Hotel, Washington D.C. The Coalition Against Phantom Trading (CAPT) is an emerging national advocacy organization working to eliminate this illegal practice that threatens the livelihood of employees and shareholders at thousands of companies. CAPT's mission is to inform policymakers of the existence and extent of the phantom trading problem; while working to put pressure on regulatory authorities to take steps to stop this harmful practice. Phantom trading manipulates the marketplace, harming millions of investors and the American economy. Phantom traders initiate a wave of illegal short selling of a stock they target. While it is legal to sell a stock "short" (borrowing a stock from someone who owns it, sell it, and hope to replace it - buy it back - at a lower price), these abusive traders sell stocks without owning, borrowing or even locating them thus initiating phantom transactions, and flooding the market with phony sell orders with the intent of driving down the stock's price. Harvey Pitt, the former Chairman of the Securities and Exchange Commission, is an outspoken critic of this practice and has called for needed reforms. CAPT is pleased that Chairman Pitt has agreed to talk about the subject of phantom trading at a luncheon on November 16th at 12 PM at The Maylflower Hotel in Washington, D.C. If you are interested in this event please email us at rsvp@stopphantomshortselling.org. If you are unable to attend the luncheon you may view the speech 'live' via webcast at www.stopphantomshortselling.org. Join CAPT's efforts to close the loopholes in our legal and regulatory system that are allowing bad actors to improperly devalue public companies every day. We also need you to share your personal stories about your business, and help us mobilize members to make their voices heard. Only through working together can we protect the interests of companies and shareholders and put an end to this practice. If you are interested in learning more about our efforts to stop phantom trading, visit our website atwww.stopphantomshortselling.org. By becoming a member of the Coalition, we will provide you with information on the following: News to keep you informed about important developments at the SEC and in Congress. Action alerts when critical public policy discussions need your input. Updates on coalition reports, events and progress. We look forward to working with you to protect businesses against this dangerous form of market manipulation. stopphantomshortselling.org

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