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joedebull

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joedebull

Re: None

Tuesday, 08/14/2007 6:07:36 PM

Tuesday, August 14, 2007 6:07:36 PM

Post# of 35633
Just picked this up off another board, thanks to Old-N-Gray.

The long awaited removal of the "Grandfather Clause" has today been officially posted in the Federal Register for removal.

http://a257.g.akamaitech.net/7/257/2422/01jan20071800/edocket.access.gpo.gov/2007/E7-15708.htm

On October 15th, all 'Naked Short' positions in public companies must be covered.

Now if the SEC will ENFORCE this with lightning speed from the morning of October 15th, ...we might see a change in the investment picture everywhere in this market.

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