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

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To: dvdw© who wrote (4482)6/18/2009 11:27:58 AM
From: Hawkmoon4 Recommendations  Read Replies (2) of 5034
 
The argument is that there is no argument. FTD's are the result of deliberate disconnect with prevailing laws governing stock issuance....no ifs ands or buts.

Agreed.. a stock certificate is a "commodity", of limited and declared quantity, with value based upon respective supply and demand for it.

If I sell you a car and then fail to deliver it, I'm going to jail. If I sell you a stock and fail to deliver the shares, it's called a "Fail To Deliver".

IN ANY MARKET, the integrity of the price discovery process depends upon reliable means of determining supply and demand for the product/service in question. Permitting someone to artificially manipulate either side of the equation, whether long or short, supply or demand, violates the integrity of the markets.

Markets are NOT supposed to be "fractional reserve" systems.

Hawk
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