Destiny Media Tech Inc (DSNY)

[whatsupdoc]

The two gentlemen that wrote the article are:

[e-mail] Robert Brooks
.
[e-mail] Clay Moffett

I wonder if they've written anything as a follow-up to that 2008 article, the implications of which probably do have a bearing on the stock action here with DSNY.

In the absence of real sellers, market makers can simply naked short since they are exempted from normal rules, creating MANUFACTURED DOWNWARD PRESSURE ON a stock's price. The same shares can be borrowed and lent, re-lent and re- borrowed many times — this has quite a depressing effect on stock prices. Kuboko or whatever his name is probably has a brother in law or cousin who knew or was himself a marketmaker who talked a little too much when he got drunk – so K found out that they were targeting this stock. If one reads the article you linked to its clear that no one can get to the bottom of how much naked shorting goes on really.

I would like to read a follow-up article (of the same caliber) telling us how things function today read naked shorting and their Regulation SHO list.

Shorting by individuals might be what is counted and reported then we can see. Shorting, naked or otherwise by market makers and others with these exemptions can never be seen.

The only lesson to learn in all this is to avoid stocks where people are complaining about naked shorting because where there is smoke there probably is fire.

The only way to limit the power of those who manipulate these markets is to close your margin account and open up a new account — Cash account. There's no other way! Do you think enough investors would take this step? NO