Naked Shorting-Hedge Fund & Market Maker manipulation? Message Board

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

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To: rrufff who wrote (3864)	9/30/2008 6:31:27 PM
From: makeuwonder	2 Recommendations Read Replies (1) of 5034

Over the long run though if you think about it don't we always get some winners and losers? If there are funds that profited through illegal transactions and people invested in it then their fund will turn out to be put in the line with the losers. Over all though some funds are going to go up due to bankers and brokers need to buy the shares they are saying are in the statements of their shareholders. Whether they be stocks illegally loaned out of cash accounts, funds whatever. When they start using the money to buy back the shares then some things are going to go up. It's only a natural effect. From there on if someone thinks a stock is getting a bit to pricey they can call the bank/broker and legally short it. Maybe the stock will go down. Maybe it won't. Either way it's an actual stock from that company. We value them by what they are worth in assets, how much they earn or their future potential of what they could be someday. Regardless if people bought the stock they should have the stock. If a fund is telling it's shareholders they own so many shares of a stock in a fund those shares should exist and no one should be able to short a stock from a fund. Stocks in funds should only be bought and sold. Unless of course it's a fund that it's only goal is to find company's that they think are undervalued and are set up with stocks they short. Maybe they are right and the fund will go up. Maybe not. That's the risk. To me that's pure capitalism. What they are doing now and calling it capitalism is outrageous. They at first for years said there's no such thing as FTD 'naked shorted' stocks. Thank God we have someone with clout who owned a company that became a victim. They would have never heard us little guys. Patrick Bryne's. I congratulate him for his integrity even though it benefited him too, but thank God he doesn't worry about what the Jone's think about him. I'm sorry to go on like this but America has to start waking up and not expecting the government to watch our back. We all need to take part in liberating us from the crooks we seem to have in office. I wonder how many debit cards these guys do end up with over the course of a year. The IRS!! What about the profits they weren't thinking about some of these old boys made tons of money on and then wrote the shares off as a loss? They are on to their income now and are asking questions why this income wasn't reported. Won't that bring in a little help towards that loan we should be giving them. This shouldn't become a rich welfare program. We need to get rid of the welfare programs. Like you said. It's not just one thing. It's tons of things that if we continue to ignore them we are going to fall like domino's. Make them buy the shares. Freeze the off shore accounts and put that money in the pot. Then. How much more do we need and who took how much or how short shares are they? How do they split up the shares they actually have or get when they get done and figure out how many they just can't get? Do people get a percentage of the number of shares based on their original ownership? For example say my broker has 1000 shares of a stock. He says he has 1500 when the statements are tallied up. He's short 500 shares. How does the broker distribute the 1000 shares he does have? And how do they fix the deficit? I guess take the 1000 and divide it up and give everyone their percent of the stock. Then say someone ends up short 20 shares they pay them what they paid for those 20 shares and then that person can go rebuy them back in the market. That's why it would be smart to hold your certificates because your stocks are no longer in the brokerages name but your name at the DTCC. You really should own your stock. Never could figure out why they use the excuse that sometimes a stock will take days due to someone can't find them. That's a bunch of snow. I was sort of mad at one of the stocks I hold paper and would have to go to the bank to get the shares but called my broker and asked them if I could trade them and then bring them out. They said "NO". You have to take the stocks or mail them to the broker before he's going to trade them for you so who are they kidding? It's not this girl. So I don't buy that excuse. But there's no such thing as "NAKED SHORTING"!!! Sorry but this has been a long time waiting to hear it in the news from so many sources. I have to smile. It's been a very long battle. JMO

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