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

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To: dvdw© who wrote (4504)6/26/2009 10:51:27 PM
From: scaram(o)uche3 Recommendations  Read Replies (1) of 5034
 
>> Oh My than why not invest in a program to counterprogram the programs, afterall floats are relative constants <<

Chris Cox's SEC tried, hard, to deny that naked shorting was even occurring. After cat was out of bag, we got reg sho and "grandfathering".

The FACT is that simple daily reporting of short interest and clearing data would allow ALL of us to police the markets. This is year 2009, not (ah, Raquel Welch.... shudder) 2000 B.C.

I have no clue why Cox et al. did not have the will, other than it is obvious that counterfeiters in U.S. markets have been stealing from elsewhere in the world for ages.

Theft!

I can't understand why Cox is not in prison. The guy had oars in water 100% of his residency. Frankly, it's beginning to look like this was a rich man's secret, held by members of a rich man's club.

Once again, I was the first to coin the term "electronic counterfeiting", after watching trading in a reg sho poster boy stock..... VPHM. I bitched for ages (starting well before this wonderful thread -- thank you, rruff -- was founded) while Cox actively denied that it was happening.
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