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

To: dvdw© who wrote (3634)	7/27/2008 9:33:44 AM
From: dvdw©	Respond to of 5034

Listen up Mr Pitt! While its commendable that you've managed to be interjected into this quagmire as entrepreneur. There are counter programming tools being developed that actually solve this problem, and the solution does not need to include the infrastructure of the criminals sustaining the current charade. Good luck with your new venture, but be aware that solutions designed to mask, and deceive, will be unmasked and properly cast into the proper trash bin strategically place within the quagmire we now know as the battlefield.

To: dvdw© who wrote (3634)	7/27/2008 11:40:34 AM
From: makeuwonder	Read Replies (1) \| Respond to of 5034

The SEC's order will require that anyone effecting a short sale in these securities arrange beforehand to borrow the securities and deliver them at settlement. The order will take effect at 12:01 a.m. ET on Monday, July 21. In addition to this emergency order, the SEC will undertake a rule-making to address these issues across the entire market. For the record. At least my laugh wasn't for nothing. I am still red-faced I messed up that last post but look what wishful thinking got me this time. the SEC will undertake a rule-making to address these issues across the entire market. If not for people who think complicated things yet can present them in simple terms this whole thing may have never been found out. Who would suspect? Can't trace it unless your part of it. It's about time they admitted to selling fake shares. But what now about all the previous lawsuits that have been filed regarding their company being naked shorted into a death spiral and the Judge ruled there's no such thing? I don't think they should be allowed to use a Statue of limitations ruling on this stuff because even though the time has gone by just because they haven't resolved the case shouldn't mean that they are not "NOW" caught and therefore they should not have a time anymore. They are now guilty of a crime. I don't get how these people escape prosecution due to the Statue of limitations runs out before they get to Court. Bull!!! They are done with that protection aren't they? There's no more nothing like that for them. They are a "CRIMINAL". They are up for prosecution of committing a crime. That's it!!! If they didn't want to go to jail for doing something wrong then they should have said "NO"!!!! Now. How are they going to cover the shares? If they print this in the local news will people still get what they are talking about? I know several around me who will but that was after talking until I was blue in the face trying to explain how this works. And then only to find out that it's even bigger yet. So what about my idea of letting the markets open on the weekends and the only trades that can take place is those who own shares of a stock are able to sell those shares. And Market Makers are only able to buy real shares of stock those being shares they should have bought in the first place. The reason behind my thoughts are people have all sorts of ideas for their sell price. People will sell if the price is right. Then you best look at the company you are buying into instead of reading a message board. What do they do? How much does it cost to do it? Would people need it? Want it? How long will the product last? Etc... I've got two ways of seeing the end results of this problem some greedy people got going. Hopefully their greed hasn't ruined their Country. I don't know if people really realize how big this is and in a way I think that's the best thing. What if the market were to run artificially high due to another sort of greed. That would be just as bad. So I think best just not make a big deal of it and get the shares bought. JMO, Kim

To: dvdw© who wrote (3634)	7/27/2008 12:49:03 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 5034

Left unsaid in all of this is that the best way to locate stock is for the B/D's to PROPERLY reflect supply/demand by raising prices of the issue where shares are "unlocked" by profit taking from longs. In sum, the mmkrs were SUPPOSED to support those stocks during bad times, by building inventory as prices declined and, thereby, covering any short positions they had exposed themselves to during the previous excessive demand cycle. They certainly have no qualms about running up prices when they have excessive inventory and demand suddenly increases. But when that demand decreases they also have no qualms about dropping the price, and INCREASING their selling to the public by quickly reselling any shares that come into their inventory, thereby increasing the downside pressure. If they had covered their short positions, and assisted in creating a new "price discovery" process, rather than trying to utterly destroy the price of the equity they're tasked with making a market in, there wouldn't be a need for a Reg SHO list. I hold a stock on the Reg SHO list (QTWW). The short interest has DOUBLED within the past 40 days that it's been on the Reg SHO list. nasdaq.com Now tell me the SEC is serious about resolving the Reg SHO list when the mmkrs have done nothing to resolve the FTDs in that issue. That, combined with the fact that OSTK is back on the Reg SHO list is indicative that mmkrs continue to dig themselves deeper into the hole they've made for themselves. Maybe they are trying to create their own little "crisis" in hopes the Fed bails them out as well. Well.. any politician that fails to push the SEC on resolving this counterfeiting of shares in our markets is not going to get my vote. Hawk