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Re: Whisper Number post# 7722

Friday, 07/21/2006 5:04:31 PM

Friday, July 21, 2006 5:04:31 PM

Post# of 169275
There have been a lot of questions about if the float is bought how can we be trading? Here is the answer. MM's are ALLOWED to naked short sell on the OTC to keep the market liquid. It's perfectly leagl, but they abuse this, that's why the terms naked short selling and squeeze plays have come about. Look up LFWK. Insiders actually BOUGHT the whole float, released a PR and registered with SEC that they owned MORE than the float. Still it traded MILLIONS OF SHARES A DAY. They called the extra shares some fancy name like short sold capital shares or something like that....point being.....their PPS shot up like crazy...I made a 2 bagger, but got off the train WAY TOO early, cuz I was still learning.

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