One World Ventures Inc. (OWVI)

[pennyzen]

All these mm's short the penny's. They are not regulated so they get away with a lot more. Just so you know, naked shorting is a common practice. Let's say Alamo wants to buy 1mm shares of OWVI from UBSS but UBSS doesn't have the shares to lend. They will sell you phantom shares and short the stock the so when they take delivery of the stock they can cover. In the penny's they keep the short and do not cover. The SEC has cracked down on this somewhat and has created the SHO list. If OWVI shows up on the SHO list it means the MM's have a certain number of days to cover the naked shorts!!!

I'm sure I left a few details out as it has been a while since I was a broker but this is my recollection of shorts..

Time for the comeback!!!
PZ