Thursday, February 29, 2024 8:37:24 PM
I've seen pink companies that failed to file for years, then come current and be sold as shells. I'm not suggesting anything like that, but the SEC frankly doesn't seem to care that much about what companies do. Frankly I don't believe that we'd be discussing things like spoofing, naked shorts, etc. if the SEC were more rigorous about doing their job. I frankly don't know why we have certain securities laws if the only time they're to be enforced the SEC announces they intend to enforce them. If a law isn't going to be enforced, why have the law.
I say that, but I'd hate it if speeding laws were enforced on free flowing freeways. If you drive at, or even 10 mph over the posted speed limits when traffic is free flowing you could either cause an accident, or perhaps have a shot taken at you or at least given the finger, by all the others driving at 15 to 25 mph above the speed limits who're passing you. I've never gotten a speeding ticket when driving at the speed of traffic, but at 5 a.m. when I'm nearly the only one on the freeway, then it's happened, many years ago.
Gary
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