Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: basserdan who wrote (3647)	7/30/2008 1:27:04 AM
From: Hawkmoon	Respond to of 5034

I wonder if there's any truth in the rumor that Cramer, being an ex-GS guy, is positioning himself to take over Cox's job at the SEC? <g>* Sorry.. Beat you to that rumour.. lol siliconinvestor.com Hawk

To: basserdan who wrote (3647)	7/30/2008 4:28:04 AM
From: rrufff	Respond to of 5034

Thanks Basserdan - that's a must listen by all - thanks for posting it. Points taken 1. Inaction may lead the public to abandon the market. (Without targets, can big money hedge funds make money?) 2. Hedgies have to make huge profits to justify huge fees and some become "bad actors." 3. Overwhelming force of naked short selling makes it impossible for companies to raise capital. 4. Rumor mongering (paid bashing?) - in the bank area. 5. Bank stocks have now risen with emergency order banning naked shorting. Others got "shredded." 6. Extend to the rest of the market. No stocks should be subject to naked shorting. Protect us from the most desperate of hedge funds. Hedge fund lobby is fighting this. Brokers are complaining of higher costs and cumbersome, even while the shorts attack them. They need to raid YOUR stocks to win and justify huge fees.