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

To: Moominoid who wrote (186)	10/2/2001 9:57:37 AM
From: Ga Bard	Read Replies (1) \| Respond to of 455

I have very few problems with the legal shorting and the restrictions (but I believe some changes are dues like getting permission of the rightful owner to short their position and justly compensation the rightful owner with interest), I do not have a problem with options, puts and calls. Legal trading is not what this is about ... This is about the exisitng abuses, manipulation and naked shorting. Naked Short Sellerism P2bAAAT & DSAS

To: Moominoid who wrote (186)	10/2/2001 10:05:28 AM
From: dvdw©	Read Replies (3) \| Respond to of 455

Isnt that just great, J6P buys Mutual fund with the idea the fund will make them money on the long side. Then the MF begins leasing their holdings to sell side, and what happens? The stocks loaned begin going down. The MF has effectively went against their own customers interests. Anyone thinking that the rental rate for the loan of shares is acceptable to the folks who put their money in that fund is dead wrong. If the public knew what was up, they would abandon these funds enmasse. Many Mutual fund complexes, register holding in a parent companies name, hence when the time to go SHORT is at hand, it's the parent company who makes the profits from the short side. The Net effect is that this churns the customers, wiping out their investments while the parent takes the money.