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

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To: basserdan who wrote (4503)6/26/2009 10:43:20 PM
From: dvdw©2 Recommendations  Read Replies (1) of 5034
 
an out take or two from the piece.

1. We are still waiting for the SEC's enforcement response. It's likely that we will continue to wait - as I will discuss - because current rules are ineffective and unenforceable.

no comment...

2 Naked short selling occurs when a trader sells a financial instrument short without first borrowing it or even ensuring it can be borrowed.

Comment ; counterfeiting is how the treasury department would characterize it.

3 According to Shapiro, "there is considerable evidence that market manipulation through the use of naked short sales has been much more common than almost anyone has suspected, and certainly more widespread than most investors believe."

comment...Oh My than why not invest in a program to counterprogram the programs, afterall floats are relative constants, teaching simple addition and subtraction against the legal authorized outstanding would be entirely within the purview, as was laid out before us by SEC mouthpieces during the H. Markapoluos testimony before the senators who have seemed to all but disappeared after their grand performances.
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