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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To: pcyhuang who wrote (3155)	1/20/2008 8:24:52 PM
From: pcyhuang	of 5034

Re: Class-action suits on Naked Shorting >"It is really a pretty simple action,'’ he said. ‘’You agreed to sell me something. But you never bought the stock because you never got delivery'’ of the actual shares. ‘’I want to rescind the transaction because you lied, and I want my money back.'’ This reasoning is equally applicable to shareholders of NOVS. Would an class-action attorney be willing to take on the case on a performance sharing basis? The lawyer's incentive is that this type of cases would bring a tremendous publicity value to his firm, whether he succeeds or not. pcyhuang

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