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

To: kodiak_bull who wrote (55061)	9/30/2001 6:33:26 AM
From: Ga Bard	Respond to of 57584

Well let me bring you up to speed since your opinion is that was a typical short seller who does not have to disclose. This all began with the Boycott initiators (3 small investors) who are noble and admirable individuals who demonstrated this fully by their actions to start the trading Boycott. However, they have stated clearly the reason they canceled the boycott was because of the potential for legal ramifications due to the SEC could very well interpret it as "trading collusion". There is an SEC rule pertaining to anyone attempting to disrupt the balance of the market and the boycott could have been considered as such, "trading collusion". Even an Utah Lawyer, friend to another poster fully agreed that to sign the petition and subsequently affect trading of a market was a huge legal risk. However, unless the petition was actually submitted into the record, it was meaningless. Thus it was cancelled immediately. We have the Right to petition: w3.trib.com Thus several attempts were made to come up with the proper wording to represent to the government that small investors are protesting uncontrolled and lack of transparency (disclosure) with checks and balances on both regulated and naked short selling. The present petition, I, with the help of others, authored for the original initiators to replace the Boycott but after that potential legal scare they decided they did not want to risk any possible “No Good Deal Goes Unpunished”, which you can’t blame them. So I started this petition. However, the boycott petition did not get the bashers and short sellers upset at all. Some could not understand why. The reason was it fed the short sellers side of trading and thus the following case was passed around to some bashers and short sellers requesting them to be quiet because the initiators (ring leaders and possibly all the signatures) could be sued by the SEC if they went through with the boycott. Reference Case: Litigation Release No. 15827 / July 30, 1998 / SEC v. RAFI M. KHAN AND TIMOTHY J. TYRRELL, Civil Action No. CV-98-6143 MMM (SHx) (C.D. Cal.) (“...using market control to withhold stock from short sellers and concurrently raise stock prices to force short sellers to cover their positions at increasing prices; and engaging in trading collusion.”) Again we, the small investor have the right to petition, but we do not have the right to engage in trading collusion. That is illegal as naked shorting. However, remove the trading resistance and shorts can thus walk prices down. But when the boycott was over and the prices raised because trading resumed, the short sellers could have screamed foul. Both side of this equation, the short sellers win and the Boycotters lose. Especially the OTCBB because it is naked shorted to oblivion and with no resistance it is money in the short seller's pockets to take the price lower. Thus the "NO OWN - NO SELL" Save America’s Markets Petition was created: "http://www.petitiononline.com/NoShorts/petition.html" This petition is written and conveys exactly what the boycott was suppose to represent. Has it hit the mark ... Oh yeah! The King of the Short Sellers (My bestowed title) has stated on the petition (“You are totally insane the mkts have cratered because of the sins of The major Firms on WallStreet , By the way they have the largest naked short positions of any one, They are exempt from the same rules the public is bound to, THIS IS NOT A SIGNIATURE!!!!!!!!!!!!!!!”) DUH!!! Read the petition and that is exactly what it is trying to point out to the SEC. His own words state the Big Boys (above the law) are naked shorting, which again is exactly what the petition is about, transparency, checks & balances. No short sell regulated or naked has to been reported, it is purely voluntary. But you know this already. Thus the DTCs sheets on American companies are not false just in complete. Also the figures of any report are not complete either because there is no transparency with checks and balances only voluntary disclosure. Further, in an “cancel or else email” to me he states: (“Subject: Dork, cancel your petition before I embarras you publicly ... Your petition is b****, get over your own idiocy, shorts sold you stock at the prices you wanted ,if we didnt provide the added shares** you would have paid much more and you would recieve much less when it came time to sell ... Wisen up moron” ) DUH! Why is this person so upset? This confirms even more to what the petition is referencing. I thought the Market Makers controlled the markets not the short sellers. I thought only the Market Makers could short securities under $5.00. I thought short sellers could only short imaginable securities. I thought no additional shares were added to the market. etc. etc. etc. However, I WILL NOT CANCEL THIS PETITION & IT WILL BE SEND TO THE SEC & CONGRESSIONAL FINANCE COMMITTEE FOR THEIR REVIEW AND CONSIDERATION! Seems this petition has hit a nerve with short sellers and bashers. That means it is right on target. The American investors are handicapped because a sell order from oversea does not say short, just sell. No transparency, No disclosure on any short position regulated or naked is required. Again, because it is strictly voluntary. We need the support of all small investors to voice this to the SEC so the government realizes something has to be done about transparency, checks & balances. What is wrong with that? Proud to be an American Against Short Selling & DON'T SELL AMAERICA SHORT! Gary