Saturday, April 03, 2010 10:29:36 AM
Shorts look for companies like GDHI who have issued huge number of shares in pinks knowing the company does not have the resources to fight and in the mean time existing shareholders get taken advantage of...
Kastlem is right...the SEC gives not a damx about the pinks so shorts can take advantage of those of us looking for the end of the rainbow...which exists if it were not for shorts...gdhi pps should be $.01 or $.02 by now...
The SEC lack of attention prevents thousands of companies from using the OTCBB to get off the ground and create jobs...shorts are allowed to come in rape the companies and the shareholders.
And now the financial services industry reform bill will do NOTHING to cure the problem. This creates an environment where a HUGE % of the population will never get their jobs back...the job creation machine is being blunted by the financial thieves with MBAs and JDs cloaked in short positions in pink company stocks. It is easier to steal than create jobs...
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