SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Stoctrash who wrote (3839)9/22/2008 11:00:23 PM
From: rrufff1 Recommendation   of 5034
 
Read the addendum to the rules. Enough loopholes to effectively eliminate its effectiveness. The option MM exception is still there. So is the derivatives exception and "legitimate" equity MM action. (Does legit MM action mean months, years, days, hours to settle a trade in today's world of computer trading? Plenty of room for manipulative shorting there.)

If you want a real laugh, you can see that there is language that they can't use exception if they "know" that customer is going to naked short.

LOL

Manipulation by shorties, hedgies and MM's while self-styled "crusading cyber sleupps" pretend it doesn't exist.

And as far as your comment about naked shorting in OTC BB stocks, I'm guessing you think that's OK? Manipulation ok for small companies so long as you think it's a POS. What else is ok? Extort the CEO and call off the shorts if they give freebie shares to cover?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext