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Re: Frankdetroit post# 321

Tuesday, 05/23/2006 11:19:51 AM

Tuesday, May 23, 2006 11:19:51 AM

Post# of 24231
Surely, you jest! Naked shorting has just about destroyed most otcbb companies over the past ten years....keeping them so low with help from the manipulative MM's....so that no lender except a toxic one wants to get involved.
If they had been allowed to do what they do freely today, through all sorts of underhanded tactis, Microsoft would have been dead in the water and never made it to the point where it is today. To wish a company to be shorted, with shares never borrowed or bought back, is
nuts! Because what you wish for, is the very thing that could do this company in, before it has a chance to prove itself. Sub-penny and mere low penny stock, cannot get financing to grow or pay their employees, etc.
Think about what you wrote....do you really believe it's a valid statement? I can give you the name of some destroyed stocks right now selling for zilch....way below a penny...that you can load up on all you wish, but you won't win with them...not a chance.
Every investor should be treated equally....as should every single stock....it is criminal that this is not the case with the otcbb and pinks. The more the hedgefunds and shorting brats destroy a stock, increasing artificially its float, etc. the less the nation thrives in its commerce. If we supported our microcaps, like some countries do...not batter them to death for the gain of a very few rich greedyguts, even our trade deficit would narrow.
You can't beat down new techs and biotecs, etc., to make some fast cash by naked shorting, and expect a nation to flourish. This country is so messed up re: this naked shorting...allowing it to continue, and saying that the hedgefunds should not be transparent or have the same rules as a U.S. brokerage, is insanity. And these chickens are coming home to roost....those battered stocks that had so much potential are slowly, but surely fading from our investment landscape, while the blue chips continue to thrive. And we know how they play the game too....either copy of outright steal the tech and never look back.
No, naked shorting isn't giving anyone any chance whatsoever...and until it ends, absolutely, the letdown of the small investors, those doing their homework and chosing companies with a lot of promise...will never let up!
Babe
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