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

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To: TheSlowLane who wrote (3761)9/17/2008 12:34:45 PM
From: rrufff4 Recommendations  Read Replies (2) of 5034
 
Let's hope they do.

Yeah, but now they really, really mean it. Really.

Several years ago, when I first started posting about these issues, I was criticized by one of the manipulative-shorting defenders for trying to stop "progress." How could I justify limitations on shorting equities when the derivatives market would provide those who wanted to crush stocks a way that could not be regulated, or which could evolve ahead of regulation, and which could be taken off shore?

I asked back what was more important capital formation for American industry or gambling by big moneyed interests?

We are finding out the answers now.
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