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Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation?

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From: pcyhuang7/30/2008 9:41:12 PM
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Abusive-Naked-Short Selling is rampant in non-financial sectors

1. ELN (Pharmaceutical)





2. SIMO (Electronics)





3. New York Times (Media)





All three situations have a common thread -- the put/call ratio reached a VERY HIGH percentile reading before a collapse in the stock price. I believe that this is an important evidence pointing to the fact that abusive-naked-shorting is rampant in the U.S. financial markets. The SEC should therefore extend its new rules against such mal practice to the entire market.

Cheers,
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