News Focus
News Focus
Followers 5
Posts 1042
Boards Moderated 0
Alias Born 05/26/2006

Re: None

Sunday, 08/27/2006 7:55:54 PM

Sunday, August 27, 2006 7:55:54 PM

Post# of 27673
Posted on RB by "rinderles". Encouraging.

By: rinderles
27 Aug 2006, 08:37 PM EDT
Msg. 13325 of 13325
Jump to msg. #
Same

They can bring this stock down as low as they want but the bottom line is the brokerages will lose even more shares because of the massive accumulation that will take to take even more shares from these crooks so they cannot cover when they are ordered to.

The fact remains that the whole float is trading with illegal restricted shares that have never been covered. These shares at some point will all have to be covered no ifs ands or butts and when the people who buy in this range and refuse to sell to them they will be in more trouble then they were when this went from .001 to .30.

I along with countless others who own a ton of restricted shares and a good part of the o/s will be buying this stock up for sure and taking every shares away from these crooks.

At some point they will have to pony up and come begging to papa to let them off the hook. This costly mistake of shorting billions could literally in my opinion put a serious hurting on the brokerage firms and probably could even bankrupt some if the longs refuse to sell any shares and the NASD and SEC put major pressure on these brokerages to cover at any time.

Once in a lifetime situation here folks. Not saying its going to pan out for sure but now that everything is being watched by the SEC and NASD there is a paper trail that Paivis has created taht will trap all of these crooks and hopefully will end up in one massive lawsuit and a example of how a Transfer Agent can literally change the landscape of making a example out of how corrupted these small stocks are.

I hope this ends up being the story of the year and sets the stage on how a small company trapped the biggest crooks who tried to ruin there company in one of the biggest naked shorting scandals in the history of the stock market.

Im just sick and tired of the small guys being literally robbed by this illegal shorting. IF it were up to me i would make a law punishing these criminals for automatic jail time of 5 years if there caught illegally naked shorting

This would put a stop to this nonsense immediately.
The SEC seems to be way to soft on there penalties and how the pinksheet and bulletin boards are not policed daily is beyond comprehension because wherever there is money there should be police patrolling everywhere.

So far though Paivis seems to have done the right things to really screw these crooks. If they keep the pressure on we all should make out like bandits eventually.

Although im not happy these crooks have not covered yet.
5 months and the problem still exists.

Just a matter of time

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today