ACII - AmeriChip International, Inc Message Board

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Technology Stocks : ACII - AmeriChip International, Inc

ACII 25.17

-0.6%

Nov 13 3:14 PM EST

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From: skybuilder	7/2/2008 8:33:47 AM
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In light of the Mismanagement and the conversation here about Shorters hammering our investment into oblivion I thought I would offer this tid bit of info from another board. resourceinvestor.com "Small, thinly-traded issues on the Over-the-Counter Bulletin Board, or on the Pink Sheets are particularly vulnerable to so-called “bear raids” by unscrupulous short sellers (naked or otherwise) that “trade for effect.” That is, short sellers that trade in order to artificially create profit by their own overwhelming manipulative trading action. " sec.gov Re: Proposed Naked Short Selling Antifraud Rule S7-08-08 "As others have already pointed out in previous comments, The Commission already has the authority and the means to prosecute such fraudulent activity, but there is a growing perception in the marketplace that either The Commission is not concerned enough about the issue to commit precious resources and manpower sufficient to provide the necessary enforcement of existing anti-fraud rules, or that The Commission lacks sufficient manpower and resources to do so. There is a growing belief among investors in these small companies that the market is being played by a relative few, but well funded short-selling pros at normal investors expense, which belief leads to investor retreat from the markets entirely. The resultant loss of investment capital and opportunity for many small companies is destructive, counterproductive, undoubtedly results in lost jobs, in lost tax revenue for the country and is completely unnecessary." Credit for this info goes to docrewO, IHub, WTWO Thanks Doc I am in too deep to get out and still believe that when the dust settles this one should fly. Gary

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