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

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To: *Tina* who wrote (4741)3/8/2010 8:22:21 AM
From: makeuwonder2 Recommendations  Read Replies (2) of 5034
 
It's nice to see people finally are getting it regarding shares being sold that aren't being bought. I often wonder what it would be like if they forced the MM'S to cover their fake shares.

I've been helping this effort for a long time. I'd say I started around 1998. I've been called about everything you want to hear mostly a kook.

My discovery of it came when I was posting on the RMTR board and there was a bunch of old time guys. I didn't know anything except I wanted to prove my parents wrong that not only rich people own stock. I was off work for several months and started following volume and trades and asking a lot of crazy questions I didn't understand and those old boys would get real mad at me. I was one of a few women on the boards at the time and most of the women who were there were doing sexy type things to entice. I'm just not that kind of girl but one that wanted to figure out what was going on. Then around 2001 RMTR had a problem. The founder was scammed out of his Uranium mines and went BK. Smith Barney tried to throw RMTR into a death spiral and was giving shares of it away with an IPO they were offering at the time which drove the price down to .25. I still believe that stock is naked short at least half it's float. USXP was another one. There was so much scamming going on that board you couldn't read the posts fast enough so many were posting.

One guy on the PAYD board when PAYD was demanding shareholders hold their stocks in certificate said kept bragging his shares were safe because they were in his 401K. I said I bet if you checked it out you will find they are naked shorted too. He decided to test the waters and tried it. It took him several months to get his shares. It surprised even me that I was correct.

We need to keep this going and demand they buy what we purchase and then let the market control it's own value. Maybe someday we'll get to the truth. Maybe not. Good luck to you and everyone else. I can't post private. I didn't register on this board when it was free and missed out on the lifetime subscription and don't have it right now to buy in yet. Maybe someday. I'd be more than happy to pay if I could.

Thanks Ruff for all you do.
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