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


To: rrufff who wrote (3454)5/25/2008 1:12:20 PM
From: makeuwonder  Read Replies (1) | Respond to of 5034
 
VERY IMPORTANT!! PLEASE READ

This is information I ran into today. If we don't start requesting our certificates we may never get this problem resolved.

"The WSJ also omitted that it would be impossible with the high volume of trading (over 5 billion shares daily) across equity markets to force all trades to complete in three days. Those seeking a solution would force a return to an earlier period in history, akin to a time when paper stock certificates and payments were exchanged on a trade-for-trade basis. Were this line of argument to be successful, it would bring the robust equity markets in the U.S. to a screeching halt, and destroy our competitiveness with other capital markets around the world."

Please read the rest of the story below.

dtcc.com