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


To: rrm_bcnu who wrote (2705)8/21/2007 5:44:30 AM
From: rrufff  Read Replies (1) | Respond to of 5034
 
From: Patchie 8/17/2007 8:48:48 AM
2 Recommendations of 100051

BTW...Isn't there another crook we keep avoiding who is no longer in these markets and in fact, in prison? I believe it is the namesake for this message board. Were you active in taking him down Jeff or...were you a partner in the crime? I wonder what the old transcripts/files would show about Elgindy, his inside information, the dissemination of this illegal information, and who was on the chat boards and trading off the news. I can tell you, from the documents I read, everybody on the boards was very well aware that the information being disseminated was being done so ILLEGALLY.

Message 23803221



To: rrm_bcnu who wrote (2705)8/22/2007 4:33:47 PM
From: rrufff  Respond to of 5034
 
Industry defender again refuted as he attempts to justify the scam of illegal and manipulative shorting.

To: Jeffrey S. Mitchell who wrote (100097) 8/22/2007 4:06:36 PM
From: Patchie 1 Recommendation of 100105

Jeff, funny how you can define what a pothole is and what is a sinkhole. Who made you the grand wizard?

I look at it from a dollars and cents standpoint and a POS company with even 10,000 investors can rape the markets of far less than a rogue brokerage system impacting 93 Million investors. One involves a maximum of 10,000 people and the other 93 Million. If you think of it logically, the issue I am attempting to address can allow a POS company that would otherwise have 5000 investors to grow to 10,000.

I am really amused by this pompous statement "When people like you give them an alibi for their tawdry existence, you become nothing more than an enabler" as what you are saying is don't speak up about abuses because some may take advantage beyond those who already do. It is better to simply ignore it. That is the most cowardly statement I have ever heard. Didn't your buddy Elgindy become an enabler?

As for whether you endorse me or not, I have my opinions. Apparently stating personal opinions here enables fools and cowards like you to come out and attack and think that you are not deserved of a response in kind. Records will show that I did not bring the confrontation, the board members here did and I am not one you will be able to bully away so you can sit by here in peace.

You do not fool me Jeff, you are a self centered and arrogant fool that is not capable of grasping the need for necessary changes and the need to expose and rid abuses. TWO count them TWO seperate laws have been changed regarding shorting practices with more to come. State Legislature has drafted changes, and Congress will hold hearings on this. Only you and the fools here want to bury your head in the sand and say it should be left alone for the sake of not enabling others.



To: rrm_bcnu who wrote (2705)8/26/2007 4:38:32 PM
From: rrufff  Read Replies (1) | Respond to of 5034
 
Patch continues to bring out the hypocrisy of the industry defenders.


From: Patchie 8/24/2007 3:20:45 PM
1 Recommendation of 100247

Jeff...Got a question for ya.

Do you believe that all Market Makers are honest or do you believe that there are dishonest shops, dishonest traders, and true boiler room operations still in existence? Boiler Room is not a term for scam CEO but for scam member firm.

Now, since the MM sees the entire order and in many cases is aware of an insider dumping newly registered shares, do you not think that the MM will try to profit off this news? Trade parallel to the large block sale or even front run it (Pasternak). Would such trading be illegal and most likely inflict pain on shareholders?

Would you/do you condone such activities?

When the VP of the NASD claimed that many market makers set up "sell only" shops and used their market making exemptions to circumvent short sale regulations did you think that was an issue that should be addressed and .... would such trades be legal or illegal if there appeared no attempt at "making a market on both sides"?

I know these are difficult questions because we are talking details and not rhetoric but try if you can. This isn't about message board touts and bashers, this is about statements made by regulatory people in the know.



To: rrm_bcnu who wrote (2705)8/26/2007 6:11:35 PM
From: rrufff  Respond to of 5034
 
To: Jeffrey S. Mitchell who wrote (100189) 8/24/2007 3:50:37 PM
From: Patchie 2 Recommendations of 100247

Jeff you are an idiot. You are the guy that answers a question when asked a question to avoid ever being challenged on an answer. You accuse me of "Blame" and yet that is EXACTLY what you are doing. You have no evidence to prove abuses do not exist despite evidence that it could and yet you blame those that simply raise the flag out of concern. What a fool you must be.

Answer the simple question;

What did Cox mean when he said "serious issue with abusive short selling"?

Can you pull your head out of the micro-cap sand long enough to figure that one out? Does a Chairman of teh top securities regulatory body make such a damaging public statement just to appease little old me or does he know and understand something you have no ability to grasp?



To: anniebonny who wrote (100191) 8/24/2007 3:54:44 PM
From: Patchie 1 Recommendation of 100247

annie ONE Company does not make an epidemic. You want to paint an epidemic of abuse using naked shorting as the vehicle to defraud. SHOW AN EPIDEMIC then or shut up. If it is only a year you do not even know the whole surrounding story behind CHSD, you only know the credits at the end.

BTW...You accused me of allowing this issue to create epidemic damages. Prove it. One company is not proof and if you have only been in this a year you should research up before you start sounding off like an expert.