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Microcap & Penny Stocks : PLNI - Game Over -- Ignore unavailable to you. Want to Upgrade?

To: iwannaride0 who wrote (8615)	11/1/2006 9:34:05 PM
From: scion	Respond to of 12518

You're incapable of debating or discussing anything in a mature manner. How sad for you. It must be tough for you to function on a daily basis, and that's probably why you seem to have such a massive inferiority complex. Maybe you're just inferior. Whatever the reason, don't feel bad that you haven't read the PLNI 8-K, you wouldn't understand it anyway.

To: iwannaride0 who wrote (8615)	11/1/2006 9:37:19 PM
From: Captain James T. Kirk	Read Replies (1) \| Respond to of 12518

Admit it, PLNI is real , Real what? Is being real going to help your depressed pps? You need to GET Real.

To: iwannaride0 who wrote (8615)	11/1/2006 9:40:49 PM
From: iwannaride0	Read Replies (1) \| Respond to of 12518

So a transaction goes by on the tape - a sale - and it is processed, and has an effect on the price of the stock, but the delivery portion of the transaction is left for days later. Meanwhile, the depressive effect of thousands of these sales extracts it toll on the price - the naked sales are still sales, and are treated as legitimate by the system. At some point after the checks have been cashed and the commissions distributed and the fees paid, the share never shows up. Illegal In Most Instances Naked short selling is illegal as described - it can be legal in certain limited circumstances: for a market maker that needs to provide shares in a fast moving market for a thinly traded security, but in that instance it will buy the share back a few cents below where it sold it - Sell at $4.20, buy at $4,00 - which is part of legitimate market making. Or an options market maker will do so to hedge its sale of put options. These are legal, limited-time frame exceptions. All other instances are illegal. The industry term for a naked short sale is a Fail to Deliver (FTD), because the seller fails to deliver.