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Thursday, June 01, 2006 3:42:28 PM
Have you checked out a site called http://www.buyins.net/
They now have permission to track down traders who "naked short" a stock and keeps the stock beat down to a certain price. That is illegal and can cause great harm to a very good company. They are presently building a data base on traders that naked short a market in Pink Sheets as they are checking who is shorting a market daily. They said they will be ready to deliver "Squeeze Trigger Prices" on any Pink Sheet on July 3rd. That is when their data base should be complete. There is a $10.oo monthly charge for their report.
I think you will see allot of stocks with good companies take off after that date. They will be reporting the trader's names who naked short to the S.E.C.
I've held SMMW for a couple of months and it can't get above .0002. Looks to be a great company and I think it will do very well once the naked short traders are gone. I'm sure there will be many other good companies that will do the same.
Thanks Again All
Happy Trails
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