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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: robnhood who wrote (119222)	6/18/2008 9:58:31 PM
From: ogi	Read Replies (3) \| Respond to of 313059

You are rude and obstinate which is far from the facetiousness you call your behaviour. A fellow poster has INFORMED you of facts you choose to dismiss and refuse to investigate despite given all you need to confirm the information. That same poster made no excuses for the performance of BCM or any other particular stock, nor did he attribute the performance of the entire sector to Naked Short Selling.You act as though he did. You continue to make a fool of yourself in spite of being given the opportunity to be more informed or merely show due consideration of another poster's desire to be helpful, which is what I thought we were here for. Good Night

To: robnhood who wrote (119222)	6/20/2008 12:26:55 PM
From: E. Charters	Respond to of 313059

No, no no. You have to be a broker to do this. They have the ability to short without being tracked. You cannot do this. you have to trade thru them. And it is risky. Downside if the stock runs away up is unlimited. I know people who used to open two accounts in this situation at two different brokers. They would sell the stock in one account before buying it. Saying they had it across town. In the old days it used to work if you were well to do and knew your broker well. Don't mind Ogi. He is an evil curmudgeon. So is slowlane. They will stomp on anyone who get in their way of eventual world domination of the market. Slowlane may be related to Warren Buffet, but he grew up on the docks and drinks motor oil with his coffee as a chaser. You are correct that 90% of market fall is due to lack of liquidity and well, correcting markets. The other ten percent has been talked about for a long, long while. It could be called market manipulation or (over) zealous opportunism in trading. If you want to read a very good book which describes the broker-promoter shorting technique, which does by the way trash many, many small stocks, read "Free Gold. The story of CDN Mining", by Arnold Hoffman. McGraw Hill. It is out of print but it can be found in your library. A relative of the author posts on this forum occasionally. This book is a MUST read for anyone investing in mining or resources. I would add reading "The Golden Fleece, Why Stock Markets Cost You Money" by Walter Stewart. You may need anti depressants after reading that one. "Free Gold" however, is uplifting. I rate my life is before reading Free Gold and after. en.wikipedia.org Both legal and illegal shorting are advanced techniques of the brokerage community. Borrowing stocks to short is done by a phone dedicated to that task. It isn't exactly rare. It has resulted in the bankruptcy of perhaps a dozen Toronto brokerages in the past 30 years. If you get caught with a discovery of say 4 million ounces of high grade gold in a 100 new holes and you are short 5 million shares naked on what you think is a phony promo, it can hurt. Scrambling for $100,000,000 worth of stock that you sold for 5 million dollars and now have to deliver is difficult. that is known as the short squeeze au naturel. EC<:-}