--shorted stocks are manipulated by not allowing investors the opportunity to buy into the stock. I had a personal experience of this when PAIM was @ 0.0001 and I wanted to buy a measly 5 million shares, however my broker wouldn't allow it and it subsequently went to .005 (traded in the mid .0045's for days). I was denied 4500%+ profits ($22,000+ profits on a $500 investment).
2) If you want to take action there was this RB post recently:
From RB bulletin board PAIV.
Posted by: dustybutler1 In reply to: None Date:8/1/2006 3:58:27 PM Post #of 55464
LISTEN UP... IF broker restricted online buying of ANY stock today, please call Bob Greene (SEC) and report it asap!
He is looking into INSN and IPRE right now and asked me to provide him with ANY other stocks that these brokerage companies are limiting online buying...
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