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Re: medchal post# 21795

Tuesday, 12/12/2006 11:18:23 AM

Tuesday, December 12, 2006 11:18:23 AM

Post# of 35788
Right. BIGN is not listed as a victim of naked shorting, at this time anyway, according to buyins.net. Thats the specific truth as regards BIGN (according to buyins.net anyway), but it is not a truth that ALL pennies/pinkies are devoid of shorting. eats is 100% right in trying trying to get folks to wake up to this as a general rule. That you found exactly what I found as regards BIGN does not mean eats is wrong about short situations on pennies/pinkies. I mean, all you have to do to confirm this is write down a note to yourself on every stock that shows up on buyins.net that is under a dollar. Self-evidently, if you were correct about naked shorting not being a problem in the penny world, there wouldn't even be any stocks in your hand writtten list, but fact is there are many such stocks. So, that clinches it. eats is an experienced hand. He knows because of experience. My certainty comes from having worked on sites such as buyins.net. Frankly, there's a lot of $$ to be made if you learn the tools, such as those on buyins.net and use them. So, sorry man, but I've simply got to disagree with you. Naked shorts are a huge potential problem for pinkies on up the price chain to the big boys.

Imperial Whazoo

"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."