Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Pink who wrote (14750)	1/9/2001 4:16:16 PM
From: jkernan	Read Replies (1) \| Respond to of 18998

Fiero was shorting fraud stocks and Mr. Fiero is a market maker and did not need to secure a borrow The Hearing Panel also found that Fiero violated short selling rules from Jan. 20 through Feb 23, 1995 by failing to make the required affirmative determinations prior to engaging in short sales of the Hanover Sterling stocks. NASD rules restrict ``naked'' short sales, that is selling a stock short without ensuring that the stock can be borrowed or otherwise provided for by settlement date, also known as an affirmative determination. The Hearing Panel concluded that Fiero was not entitled to the market maker exemption from the affirmative determination rule during the time his firm was registered as a market maker because it was not engaged in bona fide market- making transactions. Fiero manipulated the market for the Hanover securities through his purchases and resale of the extorted stock and his illegal, naked short selling. Pink, stop kidding yourself. Is 3rd point registered as a MM as well? What did Fiero make a market in then, and what does he make a market in now?

To: Mr. Pink who wrote (14750)	1/9/2001 9:59:47 PM
From: Cube	Read Replies (1) \| Respond to of 18998

Mr. P()nk, He shorted AMCC into the index as He advised His wretche flock of gutless minions. But only He may speak thus of His followers. Wretched yes. Gutless....never. His flock hath fearlessly defended Him on countless occasions. While it is true that only He may speak of us this way, He should not avail Himself of the right. Cube