Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: rrufff who wrote (891)	3/18/2006 9:20:17 PM
From: GVTucker	Read Replies (3) \| Respond to of 5034

The vast majority of the scamming is in the penny-ante stocks like the ones Elgindy frequented. And those aren't the kind of stocks that any of the majority of hedge funds play in anyhow. Most all manipulators play the long side of the market, not the short side. Things are much easier to manipulate there. And it is all done with much smaller cap stocks. That is what few people on this thread seem to realize. Increased regulation at this point isn't going to help anyone, it will just drop valuations all around. As I've said before, I'm all for curing the naked shorting issue. Increased regulation won't change anything there, either, the regulations are already in place. As has been said all along, they just need to start enforcing things. Bob O'Brien and his crew are hurting things much more than they're helping, though, because they've turned a minor issue into a holy war, and their opponents are just going to dig in their heels.