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Re: Bulldog1811 post# 35601

Friday, 09/19/2008 5:58:01 AM

Friday, September 19, 2008 5:58:01 AM

Post# of 38908
read the pr carefully , there is still no teeth in it , the real problem lies at the feet of the mm's , they can go past t-3 to t-13 and no penalties for not complying , if they don't cover by the 13th day it only says they are not supposed to trade in that stock until they do , I have yet to see any penalties , after a price rises above their "cover" point they just trade shares with each other , it's been estimated that as much as 40% of trading volume is ghost shares to keep covered , they can, at this time , still continue to do this forever if need be , I watched trades on a stock today , where every buy that went thru , a mirror volume number was done approx. 10 seconds later , at a slightly lower price , not quite the same , just another mm game !!! GLTYA !!!

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