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 (3547)	7/17/2008 2:07:52 PM
From: Hawkmoon	Read Replies (1) of 5034

First, the SEC must expand this executive order to include all issuers listed under Regulation SHO until such time as the Division of Trading and Markets can get their act together and propose to the Commission staff permanent rule changes. Bingo.. There should be NO COMPANIES listed on Reg SHO. When they are, there should be an immediate "up-tick" rule implemented in the trading of those specific issues, as well as a MANDATE that broker/dealers making markets resolve those fails to deliver within 13 days, even if that means a short squeeze is the result. The FTD occurred because those mmkrs abused their privileges and permitted the distortion in the markets for those issues. They have an obligation to feel the financial pain in order to resolve the imbalances they created. Hawk

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