CMKM Diamonds Inc. (fka CMKX)

[end2war]

The theory that there are off shore hedge funds, acting in concert as the naked shorters, has appeal to me. This would explain the strange stock behavior, and give some idea how they expect to get away with it. This might mean that the US MMs are agents or accomplices, but not the ones carrying out the scheme directly.

"The overwhelming interest in CMKM stock is even more remarkable since it does not appear that any single brokerage firm has been driving the process. No firm has filed a Form 15c-211 to be listed as a market maker for that stock on the Pink Sheets."

http://www.axcessnews.com/stockpatrol_062404.shtml