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

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To: dvdw© who wrote (4118)12/24/2008 12:42:43 PM
From: The Ox4 Recommendations   of 5034
 
Cox's statements are very similar to those of a CEO from a failing (or scam) business. Only see the bright side. Deflect the criticism. Pound your chest that you are doing the right thing for shareholders, even though every move you've made has cost the shareholders more of their investment dollars. State that you will be vindicated down the road and that you are proud of your accomplishments.

What Cox fails to acknowledge is that, under his watch, the rules were changing but they failed in their mission. The rules changes that were implemented were, quite simply, weak and ineffective. The new rules contained loop holes that one (those breaking the rules) could drive a battalion of tanks through! Cox was in one of the primary roles as a defender of the market's integrity. Clearly, he failed in his mission. In fact, he let the opposition storm the citadel, plunder and pillage the populace.

Too bad we can't all short the SEC on the open market. Talk about easy money!

jmo

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