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

To: makeuwonder who wrote (3766)	9/17/2008 7:02:19 PM
From: Topannuity	Respond to of 5034

Futures after the close seem to care little about this. No short-covering rally apparent. Perhaps the pros see this as toothless window-dressing.

To: makeuwonder who wrote (3766)	9/17/2008 7:11:50 PM
From: rrufff	2 Recommendations Respond to of 5034

Makeuwonder - The common thread is "big money wins" in my opinion. Our government is basically do nothing until it's too little, too late, i.e., laissez faire, which means those with the money get the info and the advantage until the disaster requires covering posteriors. Look at any crash, housing, tech - internet, banks and you have similarities. CEO's with huge pay tied into top line numbers rather than bottom line and share price. Incentive is there to grab that extra nickel for the quarter and take business, no matter how crappy that last nickel is for the long run. Rise in hedge funds and money pools have exacerbated the issues the past 5+ years. Look at the numbers that the managers get even while underperforming. They are rewarded for sub-par returns even more than the scamming CEO's. We as shareholders are too busy, we as voters are too busy, we are the Romans who sufferred while the Nero's burned the nation and bathed in their luxurious golden pools. Shorting excesses are just one piece of the pie. The flow up of prices in oil and houses and then the flow down are just methodology, symptoms of the underlying disease IMO. That's why I find it so amusing to see the cyber-hypocrites so bouncy in finding scams in the stock market, yet quiet as mice with respect to manipulative shorting and hedge fund screwing of retail investors.