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Re: wzebra33 post# 4881

Tuesday, 08/01/2006 8:15:03 PM

Tuesday, August 01, 2006 8:15:03 PM

Post# of 35924
I called Ameritrade and asked them about these Stocks that have been Restricted from buying or selling online, and the deal is, these are Stocks where the CEO or Management has felt that their Stock had been Manipulated by Naked Short-Selling and/or other forms of Manipulation and these companies contacted the SEC and certain Brokers and/or Made it so their stock could only be bought and/or sold in Certificate form to stop the Manipulation. We know MLXO was just Naked Shorted by the MM JPTC and we are now on the REG-SHO List, I called MLXO this Morning and made sure that Tom G. was made aware of this, I have not had a chance to talk to him about it yet to see what they are doing about it. But for a restriction to be placed on MLXO would have to come from the company itself, for the SEC to step in, Illegal Manipulation would have to be going on for the SEC to Act on it. So Far the SEC Has been Useless in Fighting the Naked Shorting, Their REG-SHO list is about a joke because the MM's still get away with it, like they just did to us.

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