$tacks Upon $tacks Of Moolah

[DAVE_007]

CESY and others..history to repeat itself?..
massive OTC short covering..
from another board..

We may all enjoy...
a January effect...and a February one too:

Here's a scenario...........

First a bit of history:
Between January and February of 2000, loads of OTCBB stocks spiked upwardly in a very huge way...for example IMDS went from .08 to $6.50 in about 2 months. That was only one of many. Check a 4 year chart on some others (that were in existence back then) for yourself and you'll see that many or most they have a huge upward spike during Jan-Feb of 2000. This had nothing to do with the broader market peaking in May of 2000 because these were OTCBB penny stocks, most of which had tanked in Nov-Dec 1999. What could possibly cause such a widespread effect in pennyland? Here are a few examples (click the link then change "Time Frame" to 5 years and click "Draw Chart"):
http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=adot&time=8&freq=1
http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=cesy&time=8&freq=1
http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=cypt&time=8&freq=1
http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=cytp&time=8&freq=1
http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=imds&time=8&freq=1
http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=ivoc&time=8&freq=1
http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=neom&time=8&freq=1
http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=usvo&time=8&freq=1
http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=imds&time=8&freq=1

On 10/20/1999 the SEC published a "concept release" regarding new proposed shorting rules. On the agenda were certain changes to rules for shorting stocks. The issue was held for comments until 12/27/1999). Did the OTCBB shorters...naked and otherwise, feel they had to cover quickly because of the proposed rule changes? Yes, I believe so...what else could have possibly caused such a widespread effect on the OTCBB? http://www.sec.gov/rules/concept/34-42037.htm


Flash forward to the present:
On 10/22/03 the SEC held a meeting in which part of the agenda was to consider new rules for shorting and specifically to curb naked shorting on the OTCBB. The new regulation is named SHO and was voted on and passed by the SEC on 10/22/03 and filed as Release No. 34- 48709; File No. S7-23-03 RIN 3235-AJ00 and is now out for comments until 1/5/2004. Will history repeat itself? Will owners of OTCBB penny stocks be in the right place at the right time during Jan-Feb 2004 for another bonanza? I for one, as an owner of several penny issues, will be watching with great hope and anticipation. http://www.sec.gov./rules/proposed/34-48709.htm

For all longs who are sick and tired of having their pockets picked by the "naked shorters", I recommend that you send your comments to the SEC. You may send comments electronically to:
[e-mail]

The New Year Cometh.....