Thx for info on Metter and Moskowitz. Being 337,000 posts behind, is not something a late-comer would otherwise know. Your assessment of them would make sense. Do you know them personally or basing judgment solely on corrupt activities?
Seems CYA by them did not start until after July '09 dump. Makes sense. Billions of shares traded still not adding up to only one side of coin being corrupt.
As far as saying believing in NSS is equivalent of believing in Santa Claus, let's think logically about this too with only two points.
1) if US gov't places temporary ban on shorting financial in Sept '08 after demise of WAMU, Lehman, Bear Stearns, Indymac, etc, obviously they did NOT do this for legal shorting, bit NSS, knowing no covering necessary after companies belly up. G-S found to be big player here.
2) With evidence of NSS thus established, in a much more tightly regulated big board market, conclusion here is that NSS is even MORE prevalent in less regulated penny stock market. Much less investment necessary to short at 25c than $25. And risk is virtually non-existent because, as you state, much corruption by companies in this market. It didn't take rocket scientist to see this was scam after 10K.
Conclusion, conspiracy theories aside, NSS is not only existent, but prevalent in this market.
