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Re: pmunch post# 103

Monday, 11/12/2007 1:28:17 PM

Monday, November 12, 2007 1:28:17 PM

Post# of 359
yea that artical doesnt look the best, but as anyone who knows anything for sometime about whats going on in the naked short selling issues, will tell you that the big firms such as merril and UBSS, and morgan and their are so many others. Not only are they involved but the main individuals are the maket makers who make markets on all of the small cap stock(otcbb or pink sheets), soo it was noted some time ago in an artical that over 5000 small stocks have either been taken to below pennies or even completely destroyed. Just imagine the amount of funds that individuals have lost over the years b/c of this naked short selling. the number is soo large that many companys couldnt handle it, possibly not even the whole market. So ill back anyone who will fights these guys, and yes the CEO of Overstock may sound alot like bs to some people but there had to be a point proven and he stepped up. yes, every firm will try to knock anyone they can to stop this from happening, and of course they knock penny stock guys b/c there the ones that reconize this the most when helping a small company. I guess will see if this merger goes through and see what kind of short squeeze or how many people have been short this stock when it happens. It kinda seems time for them to stop this and to be taught a lesson.