SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?


To: Turboe who wrote (17773)5/16/1998 10:58:00 AM
From: Pugs  Read Replies (1) | Respond to of 27968
 
An investor can't short a BB, but , not only do MM's short BB stocks, the abusive practice of illegal, naked shorting is prevelant on the OTC BB, and you're very niave , or uninformed, if you don't recognize some of the names of the shortsellers 'dump & pump' accomplices on this thread.
Naked shorting has one remedy, get your shares in Name Form. That demands group effort and much resolve.
IMO, you hurt investors by brushing aside the obvious.

Pugs

Oh! "Have I ever talked to a MM?"
I have talked to the compliance officer & vice-president of one firm who informed me her broker was "exercising his 1st amendment rights, but quickly insisted 'I' stop posting about this brokers' activities.
I have been supeonaed by an admitted shortseller , harrassed and threatened because we have secured the float in Name form of a certain BB stock and the illegal shortsellers must cover....they aren't "laughing"....
I also know the MM's watch S.I. threads, we have an intimate relations



To: Turboe who wrote (17773)5/16/1998 11:21:00 AM
From: Little Engine  Read Replies (6) | Respond to of 27968
 
Gee, Turboe, if I am a shill I'm doing an awfully bad job of it... seeing as I was on the board as it went from .26 to .70. Such a bad job! My magic didn't work!

The "MM's are shorting it" argument is just laughable.

As I have asked before, and never gotten an answer: if the MM's are indeed shorting (and I believe FAMH has 12 MM's... what a conspiracy that they should all try to short at once... and the SEC never catches on?) then at what level do they plan to cover?

Why would an MM short this stock when: A) Your 11 fellow MM's could turn on you, ruining your evil plot, and B) Ira could release financials, or merger news, etc., at any hour of the day, which could cause an immediate and unexpected spike up?

What a way to get killed, shorting a .30 stock. If it were legal to do it Monday, how many of you would short it? Show of hands? I thought not. Me neither.

You really think that the blowup of the ATXI deal and the falling stock price are not related?

That the promise of financials on March 1, and the excuse factory delaying them for months after that... has nothing to do with the falling price?

The fact that the CEO doesn't seem to know what a float is... not a problem? That if you ask three people at the company how many shares are outstanding, you will get three different answers? At the least.

That questionable newsletters with awful "research" like the Undervalued Dog pump it... doesn't hurt the price?

That their previous accounting firm may have dumped them... doesn't matter?