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Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation?
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To: The Ox who wrote (3780)9/18/2008 5:12:54 PM
From: rrufff2 Recommendations  Read Replies (2) of 5034
 
I just read a posted article on the main short board here (Anthony's board) where the language went from "much ado about nothing" and asked myself the same thing as you posted. I thought they used to claim "no such thing" as naked shorting and, of course, "no such thing" as paid bashers.

Here's another whine I picked up there - imagine the pain of disclosing manipulation and the "crusaders" aren't clamoring for this.

Such a requirement is akin to the government suddenly requiring Coca-Cola to disclose their secret formula for free to all their competitors,” Chanos says, calling the new rule “hasty” and ill-considered” as it “could be extremely harmful to the capital markets” (despite the fact that hedge funds cratering have in the past rocked publicly traded companies who have invested in them–more disclosure might have avoided that pain).
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