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looks like a old control for a dam
People bashing this stock with no shares , just tells me we have something BIG $$$$$$, 1st adm: is not going to help you folks. bash on !!
Sit back relax you will get your answers http://www.faulkingtruth.com/blog/
That is great news !! puppy sit !!
You mean i may get to see some of these nonshareholders on court tv !!!! Yeaaaaaaaaaaaaaaaa
lmaoooo, hope you got a good one !!!
If UC is a crook then sue the MOFO, sue who ever is a crook
funny ! i would think people non/and shareholders would be happy !! find the truth , punish the bad people !! whats wrong here ?? are some of you bad people ???
How much ?????? :>) $$$$$$$$$
Hi Nuffie !!! Go Bill Go !!!!
you rum-dumbs, better find a place to hide !!! Bill is on fire $$$$$$$$$$$$$$$$$$$$$$$$$$$$$
me thinks some house training is way over due :>)
E*TRD .0003 UP 200%
E*TRD .0002 UP 200%
Hope everyone here takes a minute and reply , tell them how you feel about the crooks NOT getting rid of the GF !!
Re: SEC reopening comments on SHO
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Remember How The SEC Stalled Meaningful Action for Years on FTDs? More Doing Nothing Ahead...
Posted by: bobo
3/26/2007 1:30 PM
It would be very funny if not completely true.
Those who lost fortunes over the last 7 months, while the SEC finally grudgingly acknowledged that Reg SHO wasn't working, will be glad to hear that the desperately and anxiously awaited action we've all been waiting for has been......
Delayed yet again.
Yes, instead of doing simple things like admitting that the Grandfather clause, which was unlawfully slipped into Reg SHO, and in violation of the SEC's own rules, never received a comment period (thus making it an illegitimately issued hall pass for those refusing to deliver what they sold, often for years)...and doing away with it, what instead has the commission done?
Re-opened the comment period for SHO.
http://www.sec.gov/rules/proposed/2007/34-55520.pdf
Huh? WTF? Why? We already know that there is no basis in the SEC's charter to forgive persistent delivery failures. There is no basis in its mandate of investor protection to allow exemptions for market makers to create massive FTDs - none of which has the most remote basis in bona-fide market making. Failing for weeks, months or years is not bona-fide market making. Never was, and nobody with a working brain would buy it for a second. But apparently the SEC does, hook line and sinker.
We know that Reg SHO hides information rather than encouraging transparency, and badly damages investors and companies, for whom their stock is a fiction Wall Street bad guys have simply refused to deliver - after being paid for the product.
But now instead of an end to the grandfather clause, and a tightening, if not complete elimination, of the egregious options market maker exemption (wherein the options MMs are allowed to create naked short shares in literally un-checked amounts, in order for them to enjoy cost-free hedging in the derivatives market at the direct expense of equity securities investors) we get more stonewalling and requests for comments.
Where is it so hard to see that by allowing speculators in a different market - options - to create stock at will in the stock market (for the sole reason of providing free hedging for the options speculators), materially damaging stock investors as well as the companies affected, that it is BAD for everyone EXCEPT the options speculators? Where is the SEC allowed to favor the interests of options speculators, over the interests of investor protection? Point me to the code section. The enabling language that says, "If you are a company deriving financial benefit by speculating in options, you can hedge your for-profit trades by fabricating non-existent shares at no cost to you - and do so as early and often as you like. Screw investors buying those phantom shares, and those whose stock plummets due to the massive, unauthorized volume you just printed - it's all good. Knock yourself out."
Unbelievable. Really. I've never in my life even hinted at this level of gross and callous disregard for the rule of law as the norm, and yet for year after year after year, investor dollars are taken, nothing is delivered, and the best the SEC can do is "extend" the comment period. Because 8 years ago, naked short selling as we saw in the crash of 1929 was so, er, unexpected and misunderstood - you know, the idea that you might have to deliver the stock you sold, instead of just refusing to do so, and giving the investor the middle finger, was such a quaint notion that the SEC was unable to figure out it could damage companies and investors. That was a tough one. 8 years later, and they still need comments. How about this one: Settle the trades, or go to jail. Did I leave anything out of the mix? Some nuance omitted?
I suppose all those rapists, whose easy pickings every weekend night looked to be in jeopardy from the passage of laws that make it against the law to take women against their will, can rest easy, while the motivations of the rapists are discussed as more info becomes available. "I just get so mad," "She was asking for it," "She was wearing that dress - how clear did it have to be?"
Yet more opportunity to study the motivations of the violent criminal predators is now at hand, while the raping continues unabated.
Folks, I am absolutely dumbfounded.
"I sold, and continue to sell, tens of millions of shares that don't exist, uh, you know, because of the bona-fide market making I'm engaged in that requires the creation of tens of millions of non-existent shares..."
"Well, you grandfathered them all, so why would I go pay money to deliver the shares, when you gave me the free pass for years?"
"When I was selling with unbridled levels of aggression, while my hedge fund clients were telling me to put the company out of business, and bury them, I thought that was bona-fide market making, not criminal stock manipulation. Oops. I heard it was a fun and lucrative game. Cramer said everyone should do it. Sorry. Really. My bad."
"We figured that since you violated the law and enacted grandfathering, that was our go-ahead to use it to keep violating the law and ripping off the last remaining dollars in the US retirement savings system. How about another 6 months to comment on it while we pick the bones?"
"Gotta go create another million shares of OSTK while you have the rubes write letters. Too GD funny. Really very amusing. Ha ha ha ha."
And so on.
Bob O'Brien
----------------------------
From the Blog... http://www.thesanitycheck.com/BobsSanityCheckBlog/tabid/56/EntryID/592/Default.aspx
Submit your comments here:
http://www.sec.gov/cgi-bin/ruling-comments?ruling=s71206&rule_path=/comments/s7-12-06&file_n...
One of the crooks has to pay http://www.sec.gov/litigation/admin/2007/34-55530-dp.pdf
can't we all get along
GM, Janice i was not trying to "insult" you, thats what really happen, it has happen to other posters names i click on. just cause you and i are on different sides here, a insult is not my style.
lol pasting the buck ??? lololol
Mr sec man. the question is not for me to answer, GOT FRIZZELL ??
investor, comon buy some, start the ball roll'n
If we were scamed nonshareholders like you would not be here 1 1/2 yrs later, and i said i think she will be in court, didn't say she did anything wrong !! Mr sec man feeling a little guilty ???????
why don't you prove what you said about bill frizzell ?? oh wait you in court, and as far a jonas wife leslie. i would almost bet she will get a day in court also !! got certs $$$$
whatcha gone a do when frizzy comes for you !!! $$$$$$
anything you want, except me of course
k9, hows your aim today ! lolol
whatever, im lock in and so are the crooks, post away, will not change things, fines and jail are coming for someone, maybe even some here !!! got certs $$$$$$$$
Has anyone added ?? i see 0 volume
glts that are adding, im not till and then maybe see some kind of life
My friend can't get is certs, atrade took they out of his account, He's a Det in Jersey
Bush ordered 9-11 ????? i say the next bonb that drops should be right in te middle of one there gratherings, must be democrates cowards
because we were a tarding company when we got the other divvys ! lolol crack me up :>)))
so some stock was in brokers names, not in the person name as per to nevada, so your saying he should of given the brokers the ent shares ??? sure that would of work if you want to let the crooks off, but you knew that, got certs ? got cmkx ? got frizzell ? $$$$$$$$$$
imo) you will be ok, remember dan will do another pump, theres around 19 bill shares to be dumped
So it's fizzell fault ???? How can you distribute ent shares when you don't know who the share holdes are ?? you make on sence imo) the ent was a tool for a cert pull, watch and learn
MLR, then congrats, but imo) you were one of few
If ent is your only asset, then why are we 1 1/2 yrs later and people still can't get there certs, so we can get our only asset ???
so far no proplem buing with e*trade
Realy ?? your adding ??? i got 5,000 on the side lines , hummmmmmmm
ok thats the past, what will this week bring