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

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To: The Ox who wrote (3806)9/19/2008 6:42:56 PM
From: BWAC4 Recommendations  Read Replies (1) of 5034
 
Check out this bs line. Price discovery!? How about let the owners/investors of the company discover its price by deciding to sell thier investment when the time/price is right.

""I don't think it's going to accomplish what they're after," said Jeff Tjornehoj, senior analyst at fund research firm Lipper Inc. Without short sellers, he said, investors will have a harder time gauging the true value of a stock."

"Without offering a flip-side to the price-discovery mechanism, I think there's a pressure built up in stock prices that only gets relieved in a great cataclysm," he said.

biz.yahoo.com
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