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Re: RiverWolf post# 42117

Saturday, 05/17/2014 11:41:03 PM

Saturday, May 17, 2014 11:41:03 PM

Post# of 51783
Shorting? No offense intended..but...Explain to me how you think shorting is taking place on this stock (or any penny for that matter). There are no brokerage houses anywhere that will (loan shares) facilitate the short sale of a stock like this (not one). Are you talking about market makers trying to take advantage of the T-3 rule?...If so "Shorting" is a bit of a stretch in the sense that they are not actually borrowing shares from any given source, they are simply naked selling and then hoping like hell that they can keep the price down on no news to cover the (usually retail) trades they previously made.

The whole "Shorty" wives tale in OTCBB land is a farce and strikes fear in the hearts of newbie investors (effectively relieving them of their shares).

Call your broker/trading platform and tell them you want to short LAFT and let us know their response.

By the way, the "OTC short report" websites are nothing more than counters of legally (mostly legal) non-delivered shares (theres that T-3 rule again) of MM transactions that have not technically been delivered.

Dont like something?...Then stay away from it.

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