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Strategies & Market Trends : Americans 4 "No Own - No Sell" -- Ignore unavailable to you. Want to Upgrade?

To: joseph krinsky who wrote (12)	9/30/2001 4:22:44 PM
From: Ga Bard	Read Replies (2) \| Respond to of 455

Great Post Joe. I agree 100% ... And the criminal penalties for breaking the nasd and sec rules should apply both in America and especially the naked short sellers off-shore. If transparency was brought to bear then every sell order regardless of where it came from would have to show the certificate of ownership or loan of the unfortunate long term position that is being used. I also agree absolutely that every sell order be marked as a short sale when it crosses the ticker, so people know that a sale is a short sale. Full Disclosure. If nothing else, making the updating and reporting of the total short sell position once a month would be great. Thus accurate research reports and analysis could be done and DTC sheets on companies would accurate and complete. As far as short sales made on margin I personally could careless if they put up the cash they would need to cover same as they have to do in the commodities markets and margin buying. I think the rightful owner should have say so in the borrowing of their property (holdings) by short selling.. I agree keep the uptick rule and tick test. As far as setting the minimum I also agree that a dollar amount minimum just like the Manning Rule for 10,000 shares or more, and greater than $20,000 in value. Heck they can short 100 at $10.00 is only $1,000.00. That should be a minimum of $10,000.00 also. I also agree the lender should be the rightful owner and not the broker. the broker should get a fee from both to mediate the loan but the owner of the stock that is used for collateral should also get a pie of the act. But also make the lender eat part of the loss also if the price should escalate. I agree also and thus comes in transparency and full disclosure so the company and investors can see the total dilution and definitely should be required to operate under stricter rules. That is exactly what the petition is about. AGAIN, GREAT post Joe. P2bAAAT & DSAS

To: joseph krinsky who wrote (12)	10/2/2001 12:43:16 PM
From: Cynic 2005	Read Replies (4) \| Respond to of 455

Why not this: 1. simply ban short sales 2. amend the constitution to equate selling shares to burning of the flag - as unpatriotic, that is! 3. institute death penalty to the sellers of stocks. I know, I know, you are going to say I am a terrorist! Some things never change! Idiocy, for example!