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


To: rrufff who wrote (4204)2/4/2009 3:53:16 PM
From: dvdw©2 Recommendations  Read Replies (2) | Respond to of 5034
 
Of Course. I took very good notes on the testimony. the sec mouthpieces did us a few favors by thier tour guide of sec operations...(tourguide characterization courtesy of Mr Kanjorski, who was marvelous)

ms thompson stated one of the sec's 3 most important goals are Aid Capital Formation.

1. This recognizes the sec's role in the regulatory affairs governing stock issuance.

Performance since 2000 against this goal we'll use NAzdaq companies.

March 2000 4,947 public companies were trading.

As of Jan 31 2009 the number of public companies trading has fallen to 3,139. 57% of 2000 companies taken out and shot by the secs failure to stop naked short selling, and to police broker dealers by stopping the common practice of non locating inventory, simply and forever recognized as desking operations.

let us ask ms thompson how this constitutes aiding capital formation?

Into the present day; with the number of IPO's dropping and capital deformation occuring across all remaining public companies due to Naked Short selling and outright desking of investor shares. Let the sec now and forever rationalize thier performance against its own stated goals.

every issue is clarified.....look for the bus.