This board is designed to educate people about naked shorting. It will be primarily designed to inform people on the wide spread abuse it has upon our financial markets.
Its a work in progress so keep coming back for new information.
I will try to post current stuff when possible.
Also some of the sites below are always coming up with new information.
"A fundamental issue of concern within the industry has been that disclosing current fails data on a stock would reveal position information and could be used to manipulate the market," said Larry Thompson, DTCC's general counsel, in a Sept. 27 letter.
They do not want to release Failure to deliver numbers because it might hurt the criminals. Thats so kind of them
An excellent 1 hour slide presentation that does an excellent job of explaining what a pervasive problem it is.
Excellent 1/2 Hour video done buy Bloomberg TV on Naked shorting
Part 1 http://www.youtube.com/watch?v=Bfi3Hxasm2s
Part 2 http://www.youtube.com/watch?v=RYUU2qZOcM0
Part 3 http://www.youtube.com/watch?v=taLhQoTvTLw
This is a 20 minute film on Market Manipulation
Very good film
Part 1 http://www.youtube.com/watch?v=8z66kmPRl5Y
Part 2 http://www.youtube.com/watch?v=_3H6uEyR66M
Some websites that have many articles on Naked Shorting
Some recent articles on the subject in different trade publications
Date 6/02/2007 CEO of Pinksheets
An extensive article on Naked shorting
Presstech went from 1.00 to 205.00 dollars
Sensar went from .25 cents to 93 dollars in just 3 weeks
Recent court ruling in favor of Overstock