Naked Shorting-Hedge Fund & Market Maker manipulation? Message Board

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

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From: basserdan	7/26/2009 9:26:21 PM
	2 Recommendations of 5034

(Final chapter) Michael Milken, 60,000 Deaths, and the Story of Dendreon This is the fifteenth and final chapter of Mark Mitchell's expose @ Deep Capture.... "When Dendreon’s FDA application was derailed simultaneously with a naked short selling attack that flooded the market with tens of millions of phantom shares, Dendreon’s supporters went berserk. They sent the government hundreds of letters complaining about the naked short selling and the apparent machinations of Michael Milken’s associates. After that, all but one of the ten hedge fund managers ceased to own “put options” in Dendreon. However, the naked short selling continued pretty much unabated for two years. And in April 2009, Dendreon was once again on the SEC’s “Reg Sho” list of companies whose stock was “failing to deliver” in excessive quantities. Dendreon stayed on that list even after the company’s CEO announced that results of an Independent Monitoring Committee study of 500 patients were “unambiguous in nature…a clear hit” for Provenge." Read the full story: deepcapture.com July 25, 2009 by Mark Mitchell The Deep Capture site: deepcapture.com

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