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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 (471)11/8/2005 9:08:40 PM
From: Clase Azul  Read Replies (1) | Respond to of 5034
 
"As we see in the news, these "heroes" aren't necessarily do-gooders. They are subject to the same human failings that scammers on the long side suffer. Forgive me if I am saying something that is not true, but you seem to argue that being "short" makes one more equipped to be honest, less subject to participation in manipulative behavior. I don't see it and the news supports my contention."

I can only speak for myself and the shorts I know and they are much more honest than any of the many "pumpers" I have known. I think the "news" you talk about supports the contention that humans are greedy and that's it. And the news from Essary is manipulated journalism at its best (hopefully that's not the news you are speaking of).
There have been and always will be more money made on the long side so the manipers will hang out there. I do think shorts do the public a service regardless if they make money from the decline. As far as the time article goes it sounds like the terms of the "financing" was a floorless, how else would he have benefitted from the allegded stock price decline? Did he kill the company? I doubt it. I didn't see any mention of that and the ceo taking any blame if that was the case.

I don't think a grandfathered sho list would do anything, You really think there is a massive amount of shorts still being held pre sho? I highly doubt it, I certainly don't know of any and I know a lot of shorters. Do you know of even one or is this just another "banging your naked drum" call?

So you don't trust the numbers from the threshold list? Is that what you are saying? You musn't otherwise you'd have to agree it's not quite the potential massive problem you make it out to be.

So do you have a problem with any type of nakid shorting, even in small amounts? Most of the cheapies that complain about being heavily shorted probably would be helped if they actually had a decent short position imo.

As far as the batman defense goes I am not saying anyone is above the law. I am also not saying that maniping stocks is right and all shorts are good guys. What I am saying is that at least someone can short them and expose them and save Joe Public, don't you agree that's better then no one helping Joe? That is what you are trying to accomplish overall I believe. I'd like a real honest answer to the last one please because it's very important as to where you really stand on this debate imo.