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BullNBear52

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BullNBear52

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Re: Bird of Prey post# 128

Tuesday, 08/24/2004 4:03:14 PM

Tuesday, August 24, 2004 4:03:14 PM

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IMO opinion lessens the value. Most of the companies that are associated with the so called naked shorting issue are in fact scams. They have no revenue or assets and and the financing that they have done contribute to dilution and a lower pps that people associate with a naked short scheme.

In fact naked shorting is legal when done by valid MMs who have done the due diligence and filed the 211's to make a market in a particular stock. They are also reported by the companies/MMs on their balance sheet.




For those who understand no explanation is needed, ...For those who don't none will.

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