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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (55055)9/29/2001 7:59:40 PM
From: Ga Bard  Read Replies (1) | Respond to of 57584
 
After this one I do have another but they are located on my studied stock site for individual comments to the SEC. It would surprise you how small investors not exercising their voices are letting some things through and nail them.

Back to short selling:

The SEC wants American Broker to negotiate with the shorts and those two split up the profits in interest rates, rebate rates, loan rates etc. with long term investors property used as collateral. However off shore the SEC is part where the lender and borrower negotiate through the broker. Amother double standard.

Naked shorting is out control. Shorts do not want check & Balance and above all NO transparency what so ever because they would be forced to make FULL DISCLOSURE. They are fighting this SEC & Congressional Finance Committee Petition on regulating short selling.

Naked is suppose to be illegal buy more of it happens and any figure on short selling is based on the voluntary firms that report. There is no require to report a position and thus DTC reports are not false ... the shorts say just incomplete.

Funny how this use the terms to justify ripping people off.

I'll be back later ... I have some thigng I have to do ... Will try insighters in a while.

BTW we are #9 on the petitiononline.com front page.

gary