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


To: The Ox who wrote (3266)3/5/2008 1:44:07 PM
From: Hawkmoon  Read Replies (1) | Respond to of 5034
 
NO SH*T!!..

Took them 4 years to figure out if you counterfeit stock shares that it's fraud...

Now if they would only place it under the purview of the Secret Service and ratchet it up to the equivalency of currency counterfeiting..

And btw, I'm not pretending this will eliminate the practice. But with the SEC voting to equate such abusive conduct as fraud, it will make many NSS think twice about it. It's one thing to face an SEC fine as a punishment, but quite another to risk jail time.

I'll really have to start watching DNDN's trading to see how this ruling impacts it.

Hawk