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Re: Rasica post# 1212

Thursday, 06/07/2007 11:13:41 PM

Thursday, June 07, 2007 11:13:41 PM

Post# of 2353
Shorted Positions.

Have you ever seen any attempt by MMs to cover shorts? If they don't buy all they need at .0001 when do they plan on covering their shorted positions?

To me it appears all they ever do is somehow keep whatever company’s stock they short down by almost magical manipulative means. Do you have any idea when and if short shares (naked or otherwise) are EVER covered?

And if you have ever seen such covering in action, what does it look like?

I own shares of TGLE and would like to own ISYX as well but the MMs seem to be all powerful (and a bit twisted) when it comes to this naked short selling business.

Sorry about all the question marks :) but do you (or anyone) have any insight into this?