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 (3884)	10/5/2008 10:27:38 AM
From: makeuwonder	Read Replies (2) of 5034

ruff this is probably a stupid question/thought. This is also hard to figure out how to phrase and make it so you get what I'm trying to say. I'll give it my best shot. Do you think the money they were using for mortgages was money they was getting from shares they were supposed to be buying but never purchased? Then they take that cash and use it to fund loans. Kind of like laundrying the money. We all knew they had lots of money so who would question where the funds were coming from. They didn't have to report the money they reaped in from a death spiral. Well not so far anyway. I would guess if people started requesting their certificates we'd get a better picture. But then I think a lot of stocks were held in funds and most people didn't go out and research a company and invest in it they let a group their employer picked to buy the stocks and hold them in a fund. I have said this before but they were "NAKED" shorting our 401K funds/mutual fund shares. I think PAYD should have stuck to their guns demanding all their shareholders hold their certificates in their own name. Something stopped that company I don't recall if it was legal or just happened. I always suspected they were threatened severely and backed off. It was weird I know that. I had shares in the stock so I'd get on the Raging bull board. Those guys were pretty rude to me many times but there were a couple who were nice. I was trying to explain naked shorting to them and then joking said to this one guy who was bragging up big time that his shares were safe because they were in his 401k fund. I said I bet they "naked shorted" your 401K shares too. He held a substantial number of shares in his 401k and just out of the blue said what the heck. He decided he was going to move his shares of PAYD out of his 401k and requested the certificates. It was a serious battle. It took several months for him to get those shares. I'm trying to think this whole thing through. Where will they spend the bail out money? Hopefully it's buying shares that were never purchased. If it was a fund that supposedly purchased the shares then that fund has to get the shares. If it were an individual that got them then the banker/broker better get out there and buy the shares and hold the shares if they are holding them in a cash account for a person or in a fund those shares should be there. Nothing less than that. That's the first place they need to start. Then the mortgages that go into a ballooning rate of interest ought to be squared up. They should adjust the rate to the going rate of return at the time of the mortgage plus the difference factor which would be the amount of money they saved by having an interest rate really low. Add that amount to the mortgage at the rate of return going at the time of the loan. Such as if interest on most mortgages were going at around 6% at the time then set their fixed term rate at that rate. Then if they default so be it. If the loan was made to an ILLEGAL AlIEN then there should be NO ASSISTANCE for them in this. I'm reading many of the loans were to illegal aliens. If that's true then I don't think one dime should go to bail out a loan for someone who should never had the loan to begin with. You as an American, go down to their Country and try to get a loan and a home like that!! See what happens!!! This all figures together. There is a bigger picture in all this. We have a lot going on if you think about it. We have a high unemployment rate yet we still have people working here for cash. This needs to be looked into. I challenge each one of you to write all your Reps including the President and ask them one question and let me know if you get a response. And if you do get a response then I'd like to know what it is. Here's the 1 question. How many "ILLEGAL ALIENS" are allowed in our Country before you people in Washington start to consider this an invasion? The number here state around 20,000,000 and so far they haven't figured this an invasion yet so it's pretty scary to me. This also has a serious effect on our economy which is what we are talking about. How much money goes out of America due to Illegal behavior? Especially the drugs. Oh my God!! Wake up people! These are your kids, grandkids who knows maybe your self. There's a few reading these boards that are hooked on the stuff I promise you that. From what I'm told if you try it it's and experience you want to try again. Best if you stay away from it. I don't mean to carry on but this whole thing is huge. We are in a mess and us little people need to get our focus off the video games and television and spend some effort talking to each other about these things. Then writing your thoughts to your reps. They need to hear from ALL of us. I don't care if you write horrible and maybe even don't make a bit of sense hopefully you can make enough to get your point across and send the letter anyway. At least they know that is one more person that does want to know. The folks on the hill are just now getting the picture that we are listening and reading what they do. That's one step we have going forward. We need to continue to let them know we have our eyes on what they are doing. Look how they are making naked shorting look like legal shorting. They are trying to keep the mindset alive that illegal naked shorting is not happening. I have 2 people at work who say I am wrong when they are told about naked shorting. They say it's legal to naked short. Total confusion. So back to what I was asking. Do you think most of the money they made naked shorting was used for faulty loans?

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