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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: rrufff who wrote (86810)	5/26/2004 5:59:25 PM
From: Janice Shell	Respond to of 122087

That "article" is just a reprint of the Investrend/FinancialWire nonsense. There's no proof whatsoever that Berliner Freiverkher listed all those companies with shorting in mind. Oddly, no one seems to have asked them why they did it. Some of the companies WERE informed of their listing, and in fact put out proud PRs announcing the fact. Others claim they nver received notification, but you know how many penny companies change their addresses frequently, or don't check their mail drops regularly. But--and here's what's interesting--yesterday one of the companies in question retracted its accusations concerning naked shorting when they, uh, realized that their stock hadn't yet actually been cleared for trading in Berlin. I suspect that may be the case with all of them. The Investrend people are shameless promoters, and they seized on this when the passage of the new NASD rule didn't cause massive covering of non-existent short positions. Investrend has another project at the moment: they want OTCBB issues exempted from complying with the Sarbanes-Oxley Act.