Educational note:
To the best of my understanding, Canacord Capital Corporation of Vancouver may be the control center or premiere hangout for the FLEETWOOD GANG. They are of course welcome to post a denial through one of their plants here on the thread! Initial "S" comes to mind!
Apparently, the mining stocks up that way have also taken a helluva beating from this "outfit" (extremely nice term), and others like it.
Do an Altavista search for "canacord"/english - for your personal enjoyment and enlightenment.
From an article that was presented, regarding Canadian shorts/naked shorts - and "how they screw ya"...:
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Thus, if under these circumstances, Canacord sold 2,580,000 shares short while only holding 5,000,000 shares on its books for its clients accounts, under Canadian regulation the broker would be required to report only 80,000 shares of short sales because the 80,000 shares the broker could not replace from his own books, when the rightful owner of those shares wishes to sell. If I am correct in my understanding of all this, it is clear that Canadian regulation of short selling is enormously misleading to investors and these reports are worse than useless because they create the false appearance of honesty when in fact very sinister behavior may be taking place.
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And, you thought Gordon Gecco and Robert Vesco were sharp!
John :-)
ps: ...where's my cup...!
REQUEST: If you can do it with a local call, please collect the principal's names, numbers, extensions, exec. secy's names, extenions, employee names, extensions, take photos, take the nickle tour with their PR/IR sleazoid, collect glossy b.s. brochures - whatever it takes..... Then posts your brains out - or PM someone on AGTI and we'll take care of it!
You too can be a 007 or 007ette! :-) |
