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Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation? -- Ignore unavailable to you. Want to Upgrade?

To: rrufff who wrote (404)	10/27/2005 11:38:11 AM
From: Geoff Altman	Read Replies (1) \| Respond to of 5034

both have investigators looking into the illegal but allegedly widely practiced manipulative practice among essentially unregulated hedge funds and other financial institutions that now appears to be a naked short sales bubble Actually, hedge funds can naked short legally and hold that position naked for 2 weeks before putting clothes on it. I'm not saying manipulation doesn't take place since some of these hedge funds never seem to cover. I can't remember exactly which rule covers this.....213 or 217? IMO these hedge funds should be regulated though. Most of the fund families have their own finance arm which opens up a broad avenue for concerted manipulation.