NewStream Energy Technologies Group Inc (NSGP)

[trader53]

On "the List" March 30th, Tuesday !!!

...the day of the BIG drop in the morning, now 3-days ago.

Naked short selling:
"The seller does not borrow or arrange to borrow the securities in time to make delivery to the buyer within the standard three-day settlement period."

http://www.buyins.net/tools/short_list.php?dys=-1

The investor profits from this strategy when the price of the stock they're borrowing declines. These investors have a negative outlook on the security and anticipate the price of the stock will fall.

Naked short selling or "naked shorting" is the practice of selling a stock short without first borrowing the shares or making an "affirmative determination" that the shares can be borrowed. The practice of naked shorting, with the intent to drive down share prices, violates US securities law. In January 2005, the SEC enacted Regulation SHO to reduce the practice of naked short sellng and the subsequent practice of "failure to deliver" securities.

http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=1&dy=0&id=p78143777510