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


To: NightOwl who wrote (1799)9/22/2006 2:48:21 PM
From: rrufff  Read Replies (1) | Respond to of 5034
 
I hope you're wrong. I understand your cynicism. However, the attitude of "do nothing" is what gives us leaders that are elected by tiny minorities of eligible voters.

I'd prefer to "hope" that we can somehow change the system by educating more and more.

After all, YOU are reading this board as is Ox. We started with a handful and we have more and more marking this board.

thesanitycheck.com is very popular, even to the extent that the hedgie and MM defenders spend a good deal of their time attacking those who publish their opinions there.



To: NightOwl who wrote (1799)9/22/2006 4:16:33 PM
From: Ron  Respond to of 5034
 
Anyone who understands business and watches the interaction with government and the markets knows the free market is a myth. Governments everywhere can and do game various markets to benefit various interests.
But I do believe illegal activity ought to be stopped and violators sent to prison. Cleaning up the US markets would improve confidence by and large, I think.
Stopping naked shorting would, at least be a start.
However, as long as huge special interest groups are allowed to contribute far more money to politicians than voters, I am not optimistic this will happen.



To: NightOwl who wrote (1799)9/22/2006 5:03:28 PM
From: Qone0  Read Replies (1) | Respond to of 5034
 
We just "think" we win battles but these Market Participant types always have and always will take their cut off the top.

They truly believe that they should be allowed to run things as they see fit because they know more than anyone else and that without their control (legal or not) there would be no world leading market in the US. When I think about the way illegal activity of all kinds attracts cash like a magnet... I am not at all certain that they're wrong.


History always repeats, greed always becomes corruption, then the corruption is exposed, then the public withdraws its capital, then change happens. It's an endless cycle.

The market crash of 1929 gave birth to the SEC. The SEC`s sole purpose is to maintain the public's confidence in the stock market. Because without the puplic's confidence there is no stock market.

The crash of 2000 was and continues to weaken the public's confidence in the stock market. Just tell the public that the stock they just bought and paid for was never delivered, might not ever be deliverd and there will be change just as there was in 1934. The SEC has no choice. IMO.

Mutual funds, financial advisors, whole life policy's, these are the stock markets life blood. They HAVE to have the publics confidence in order to sell the public on them.

The broker/dealers will lose this fight against transperancy. IMO.