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: kknightmcc who wrote (3561)	7/18/2008 11:09:54 AM
From: Hawkmoon	Read Replies (1) of 5034

Y'know.. my biggest beef is, as I understand it, if I purchase my stock in a margin account, it's available to be loaned out EVEN IF I DIDN'T BORROW MONEY to purchase that position. That's gotta stop!! The only stock that should be shortable should be stock that has been purchased via a margin loan. The only way I know of stopping it now is to place a GTC sell order within a certain range above the current market price in order to make the B/D's too nervous to loan it out lest my sell order is executed by selling to someone else purchasing in a cash account. But even then I'm not sure it does a lot of good.. But it's just my way of "fighting the man". Hawk

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