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Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation?
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To: makeuwonder who wrote (3573)7/19/2008 9:45:21 PM
From: pcyhuang  Read Replies (1) of 5034
 
makeuwonder:

You have totally mis-interpreted my message, "Notice to Customers".

This message is posted by many brokerage firms advising their clients that starting tomorrow, they must follow the new SEC rule in regard to short selling any of the 19 stocks mentioned.

Judging from your message, you have also mis-interpreted about the SEC's new rule about "forcing the MM'S to cover the naked shorted shares". The new rule only applies to new short sales on the shares of the specific 19 companies.

Cheers,
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