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

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From: pcyhuang10/7/2008 9:43:50 PM
1 Recommendation   of 5034
 
BAC and Abusive, Naked Shorting?



Note BAC's high put/call ratio several days before the announcement of decrease in quarterly earnings, dividend cuts and offering of new shares. The SEC's rules on option-market-makers' exemption on naked selling might have accentuated the subsequent decline in BAC's stock price.

Cheers,
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