eik's stock talk

[eik]

Naked shorting (not just pinkies but any stock) is illegal. There are some loopholes allowing market makers to do this to "support market liquidity", but in most cases this is a counterfeiting and should be treated like this. One interesting conclusion I made from your posts on topic - what we considered to be NSS effect in many cases was a massive selling of millions "real" unregistered (or improperly registered) shares that insiders issued and threw into the marked. One of the SZNG representatives (whom I kind of believed) told me that counting shares after the merger with NDOL they were shocked to find 30-40 mlns "extra" shares, and nobody (meaning Parkin) could explain where they came from.
As to the "pumping" and "bashing" stock when you are paid to do this... Well, you need to legally disclose your position and then you are OK. Some moderators on iHub used to have signature-disclosure like this. Of course, I have never seen any short position disclosed on iHub.