You keep bringing up naked shorting. I'm not talking about Naked shorting. You need to learn to stay on topic.
Massive legal shorting in order to manipulate the PPS of a company is the topic.
Legal shorting of a company needs to be limited because it does damage to the company and the shareholders by way of their investment.
If you want to go into Naked Shorting then we will.
For one thing it's not a myth as most of you would falsely try to have others believe.
Would your only purpose for being here on the CMKX board be to argue Naked Shorting? Is that something you feel you can be right about since it's virtually undetectable without the DTCC's records and we all know how hard it is to get those released?
It doesn't look like there is a naked short position in CMKX at this point in time so why do you argue the point. CMKX is a diluted pig of a company with 703 Billion shares and most of those now being in CERT form.
My debate is the system that allows companies like CMKX to exist in the first place and the parties that facilitate and profit as well off of it's existence to the misfortune of the naive investor.
Yes, many investors invest in penny stocks due to ignorance of a rigged system that allows corrupt companies to thrive while unethical brokers get rich off the scam itself.
Janice states that many brokers will refuse to handle certain sub penny companies stock shares and eludes that it is because they might possibly be looking after the investor by doing so.
It is true that brokers sometime refuse to trade certain companies stock, but it usually only happens after a company takes action to go after a supposed short position that they proclaim exist. Now if that short position truly exist I don't know, but it's only at that point when actions are taken such as a dividend that might cause some financial pain to any party that might have a short position in that company that these brokers start to baulk about dealing in those shares.
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Know what the topic is before you post a remark like this:
"stockie101, there is legal shorting a legal trade and there is Naked shorting. Please learn the difference. I don't know where you live but the average trader can NOT short pennies at will
in the USA. Short sale- is just betting against the company as in VERY high risk. It would be a very good ideal for you to take some lessons in stock trading and the stock market before you try to debate the people on this board. That way you may not make a total fool out of yourself' as you are now. I'm surprised anyone is even responding to you because of your ignorance of the market"
there is no "objective truth"--only patterns of probability. "Matter" is seen as an illusion of the senses.
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