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

To: StockDung who wrote (96224)	10/23/2006 3:27:17 PM
From: Patchie	Read Replies (6) \| Respond to of 122087

Floyd, What I really like about columns such as these is these guys never seem to want to discuss the numerous number of SEC investigations that are conducted annually based on the information provided by the short seller who has that "special interest" in such an investigation. Those poor maligned short sellers who got the SEC to investigate TASER and come up empty (at least in the investigation but the short seller made out handsomely). Travelzoo, Novastar, Allied Capital, Overstock, etc... all have had investigations initiated that yielded very little beyond the short seller profit. According to this author RE: Pump and Dump's, "short sellers are the only market participants who are right there". Yea except when the short seller is wrong and it is not a pump and dump even when they claim it is. But will will dismiss those as just collateral damage.

To: StockDung who wrote (96224)	10/23/2006 4:20:55 PM
From: Patchie	Read Replies (10) \| Respond to of 122087

Ironically though, it has been shown that the primary defense against such schemes comes from short sellers instead of the often slow moving Securities and Exchange Commission. The reason, experts point out, is that the short sellers are the only market participants who are right there, since there is an incentive by that group to burst bubbles and disseminate discouraging information. In fact, a Securities and Exchange Commission lawyer noted that short sellers are responsible for early warnings on certain companies that subsequently led to the capture and return to investors funds taken by stock frauds. The Securities and Exchange Commission has not returned any favors to the short selling community. Not only has the agency burdened short sellers with strict trading rules but they also have virtually ignored it when companies have taken potentially illegal actions to quell short sellers' criticism. For example, the Securities and Exchange Commission has been more than ready to investigate short sellers based on complaints from other firms that the short sellers have said bad things about them. Now I read here that an SEC lawyer admits to taking cues from short sellers and then a whine about how short sellers get investigated when somebody makes a complaint about them. Heck, what is good for the goose must be good for the gander. This writer sounds like a pumper for short sellers - Floyd, aren't you against pumpers?