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Tuesday, January 15, 2008 9:59:54 AM
here is the info from one of the yahoo boards on SDVI reg naked shorts which is killing our SDVI.
##### below is a post on yahoo message for SDVI.####
We need somebody to work against the damage done by naked shorters. Oh, and that reminds me folks, SDVI being placed on the Naked Short list means nothing. I have been able to ascertain that being placed on that list makes you subject to the SEC's SHO rule which means that the sale has to be concluded within 13 days. But the SEC is so blooming pathetic, their rules on naked shorting has no teeth. All that the market makers do is they borrow phantom shares from each other to fulfill the SEC's requirement. That still leaves a bunch of shares that don't exist, but the SEC is happy cause they settled the trade with the phantom shares borrowed from other MM's. Go to www.TheSanityCheck.com to see what I'm on about. Sign the petition so that Congress and kick the SEC under their corrupt backsides and give the common investor a fair chance. Seriously, go to the sanity check website. I couldn't believe my freakin ears when I heard it; and in fact, go here first: http://www.businessjive.com/
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