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


To: basserdan who wrote (4285)3/19/2009 8:05:59 PM
From: rrufff1 Recommendation  Read Replies (2) | Respond to of 5034
 
Cramer, WSJ, Bloomberg - all jumping on "our" bandwagon with the exposure that e.g., Lehman was naked shorted to death, while the SEC looked away.

It's vindication for many of us so frequently the targets of self-styled "cyber sleupps" and called a bunch of loons, tin-foil hat wearers, or worse for merely bringing up the topics discussed on this board.

The hypocrites are no longer viable, no longer can they rely on the Batman vigilante rationale or the "our scam is ok, yours is not" smugness.



To: basserdan who wrote (4285)3/20/2009 3:40:04 AM
From: ogstel  Read Replies (1) | Respond to of 5034
 
Decided to skim through the posts at deepcapture. Found that the market maker shares sold short are marked "short exempt" and not counted as failures. And reports of failure are a day after settlement so 4 days after the trade.

So the 2M plus day was too soon for any hedging of shares from selling puts and that hedging wouldn't have been reported anyway. I would guess that the 14M high point was rather less than the actual failure figure.

It appears that the naked short selling started before the put option purchase. Seems likely that the purchaser either knew of or was doing that selling.