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

To: BWAC who wrote (4020)	12/9/2008 7:19:13 PM
From: makeuwonder	1 Recommendation Respond to of 5034

Anybody watch C-Span hearing today? They were saying the OTC stocks that only 16% have actually been bought. They said it will be difficult to figure out how to get this cleared. The German guy said the only way he thought they would clear them is if it's mandated. If you get a chance watch for this over the weekend. They normally replay what was on during the week. It was very interesting. They also said they are starting to work on buying the shares from the Indexed funds and figure it would be easiest to start getting the books in order through that exchange. Wish I could find a link telling a good recap. I'll search around after the Grandkids leave after 9:30 tonight. Well worth watching. You won't believe it. I could hardly believe it myself. The reps doing the questioning did not have any sympathy towards these guys.