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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 (4399)	5/5/2009 8:15:55 AM
From: rrufff	2 Recommendations Read Replies (1) \| Respond to of 5034

wow - that's very serious stuff. Has Weiss or Asensio published any type of response? If true, this will put a great big dagger in the claims of those who profess that naked shorting and other manipulation are necessary tools for the greater good used by those who should be above the law in their guise of "do-gooders."

To: basserdan who wrote (4399)	5/5/2009 2:37:30 PM
From: gregor	3 Recommendations Read Replies (1) \| Respond to of 5034

Don't think your mutual fund family has your best interest at heart. Fidelity is lobbying for the least restrictive option the SEC is putting on the table. Another approach floated by the SEC would ban short-selling for the rest of the trading session in a stock that declines by 10 percent or more. That option would be less dramatic, since it would affect only specific stocks rather than the market as a whole. Officials of Fidelity Investments, investment bank Credit Suisse and others made the case for that option, called a "circuit breaker" for stock prices. Fidelity regularly loans out "your" shares to shorters of stock. They make fees on these "share loans".