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


To: StockDung who wrote (96223)8/9/2007 6:46:54 PM
From: Jeffrey S. Mitchell  Respond to of 122087
 
This post references PLNI's press release blaming the naked shorts.

"We have all worked extremely hard to build a strong company. I will not allow short sellers and market manipulators to destroy the value we have created," stated Jim Turek, Plasticon CEO.

Bwahahahahahahaha! The US Trustee just laid out a case for fraud against Turek that will land the guy in jail.

But I'm sure the question on Patchie's mind is: will this be a deterrent to others who might seek to use naked shorting as an excuse? To which I will reply in advance: I hope so... but for most companies it's already too late. If you were a moth that couldn't keep from flying into the artificial light, consider yourself already zapped.

- Jeff