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Sunday, 01/21/2007 9:57:06 PM

Sunday, January 21, 2007 9:57:06 PM

Post# of 17016
Article I found

Looks like someone is finally going to get off their ass and at least give the American public a heads up on the practice of allowing the selling naked shorts for American companies in overseas markets . For those that don't know what this is all about I will post a couple of links but anyone who has used the Raging Bull or Yahoo boards have seen the effect the paid bashers have had on those boards for years . Overseas "investors" are basically allowed to sell as many shares short as they wish with no regard as to whether or not they can actually produce such shares . Foreign markets basically give naked shorters the license to issue counterefeit stock in whatever quantity their pocketbooks can afford . There have been many times you can find more shares of a company sold short than the company has even issued lol

I even brought up the fact that here at least one had to put up some sort of record to post and anyone could directly gauge that record by looking at your public pages which made it much easier to deal with the occasional poster that is just pouring out drivel . Paid bashers usually don't possess the skills to be even a mediocre investor but you can see a bit of the writing style they flood public boards with show up here on occasion ...


I actually was recruited on the Yahoo boards to be a paid basher because of the way I replied to most of the silly manure they posted . ( Direct replies are a mistake ... paid bashers are often paid by the number of replies they get so on Yahoo or Raging Bull the best method to use is to put up post that show how silly their claims are without mentioning their name or even the fact you read their post )

I don't need the chump change and their kind frankly piss me off so I wrote a nice screw you letter in reply to the recruiter. One thing that is nice though the mere mention that this story is going to run has scared short sellers attacking one company I currently hold . It has jumped 11% today for no good reason other than shorts in America trying to cover as their foreign "buddies" head for cover ...

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