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Politics : Welcome to Slider's Dugout
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To: SliderOnTheBlack who wrote (10264)6/19/2008 11:29:40 PM
From: smh  Read Replies (4) of 50204
 
Come on Slider.

No one, not even Sinclair, has suggested that the extended underperformance of the juniors is caused by naked short selling. Yet you and a few others, who appear to want to blow-off the issue, insist that their "failure to launch" is NOT because of "naked short sellers"

This is the kind of twisted crap best left in the political arena.

My first awareness of the naked short selling problem goes back several years when I was exclusively into biotech stocks (investing in biotechs is amazingly similar to investing in mining juniors). I have come to recognize a pattern to the attacks on those who raise the naked short selling problem.

- First there is the declaration that the problem is being blown way out of proportion.

- Then there is the impuning of the individual raising the issue.

- Lastly there is the allegation that the intent in raising the issue is to draw attention from poor performance of the target company.

- But never is there a rebuttal which comes even close to matching the persuasive case made that naked short selling is a real problem.

<The naked short factor is being GREATLY over-exaggerated
in the mining stocks.>

So Slider, is it just in the mining sector where it is greatly over-exaggerated or is it overblown with respect to all markets/sectors? Since you brought up Overstock and Patrick Byrne has taken this issue on as his crusade, please listen to the case he makes, if you have not heard it directly from him.

The Dark Side of the Looking Glass:
The Corruption of Our Capital Markets

businessjive.com

SMH
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