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

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To: creede who wrote (3977)11/24/2008 6:59:19 AM
From: rrufff2 Recommendations  Read Replies (1) of 5034
 
Take a look at this post. Apparently it's ok for shareholders to trade on inside information so long as he claims it's not "confidential," at least according to the poster.

Message 25202187

Most would probably agree that this re-writing of the rules looks more like the typical hypocritical whine that it's ok to short, or even trade, in a manipulative fashion if it serves some "greater good" that the poster supports. The argument, albeit a hypocritical one, is that Cuban was screwing a scam company. This is similar to arguments made by the same poster and associates that it was sort of ok to use purloined FBI data and to extort freebie shares from CEO's of scam companies because vigilantism was appropriate when dealing with scam companies and management.

Of course, we've seen associated posters claim that just speaking to a CEO was some sort of violation of insider trading, but, then again, it does seem to be a case of "his scam is ok, nobody else's is...."
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