CSMG Technologies, Inc (fka CTGI)

[GreenMan]

I didn't say in my last post that naked short selling was the reason CTGI declined in value, one piece of evidence of which would be the massive numbers of trades going through the system, often many times more than the company's entire float. (That didn't happen to CTGI.) I have already said that CTGI declined -- as did even many stalwart stock giants (including those that were still making money!) -- along with the rest of the global economy when company spending shriveled, as did credit, and people sold stocks to preserve any sum greater than zero.

Now about your statement on the rules that MMs are supposed to follow: please allow me the right to be skeptical. It is quite clear that many SEC rules, as are other laws of the land, are serially flouted with impunity. That much, if nothing else, we have learned from this financial debacle, when terms like "ponzi" have become household names to a new generation.

After all, as but one example, when the Federal Govt put a temporary "total ban" on short selling of nearly 800 companies in the financial industry back in Sept/Oct of 2008, it still went on! In fact, studies show that there was more short selling of some companies on the ban list than for the same period the year before! (By the way, why is that not in the news and why has no one been arrested? Where were the MMs on that one?)

So if anything, my concern is that the SEC may pass rules, but there are always those motherless heartless bast_rds who will find ways to defeat them if they can earn a buck no matter who they scr_w in the process.

Clearly much more than reinstating the uptick rule needs to happen before this market begins to recover in concrete terms, so that credit starts flowing again to businesses that need it like CTGI, cash and safe-haven investments start flowing back into stocks, people return to work, cars and housing sales improve, and so on.

But I would take it as one important step in the right direction if the uptick rule was reinstated and upheld. I believe that act alone would bring a perception that stability and trust are gradually creeping back into this world of investing that right now has little of either.

And yes, I believe that improvement in the system of investing, trust in the system of investing, and gradual economic recovery will be be good for CTGI. I hope that helps clarify things.

GreenMan