Blessed, this is a great post. Suggestions to COUNTER SHORTS...
I find it hard to believe that someone (ztect) who posts 29 negative messages (17th &18th February) on the same Board does not have a hidden agenda. On that basis alone, I believe SEC would be prepared to investigate. However, for complaints to be more effective, everyone who objects to his activities and those of Bobcat on this thread should file a complaint. It will be interesting if SEC investigates one of their ex-employee, if we are to believe Bobcat's claims. I also wonder why he got kicked out?
Investors are responsible for policing their means of investing and should report any wrong doings, as they see them happen. And that includes conspiring to defraud investors by manipulating the value of stocks for one's own benefit.
The best way to stop shorters from plying their trade, is simply to take delivery of your stock certificates, particularly if you are in a stock long term, like GTCI. This cost a few bucks, but can save you several thousands of dollars, without mentioning the aggravation. If you think you might sell 50% of your stock when it doubles, then get certificates for only 1/2 your holding. Other possibility, although not as good: hold all your stocks in a cash account, NOT IN A MARGIN ACCOUNT! It is proven that this technique, if followed by enough shareholders will send the stock on an uptrend.
Regards, F. Goelo + + + |