From another Board.....
Posted by: rpt
In reply to: None Date:12/23/2004 6:51:18 AM
Post #161338 of 161440
OT : On January 5th , 2005 the SEC is implementing a revised Regulation Sho / Affirmative Determination with strict rules for Market Makers to CLOSE OUT all naked short positions on all stocks .
Beginning January 10th , 2005 the SEC will DAILY PUBLICIZE ALL stocks where the MM's have not complied , where traded shares have not been accounted for , which will force the MM's to buy shares of the aggrieved company's equity . Public investors will recognize this MANDATORY REQUIREMENT and will refuse to SELL for give-away prices which will FORCE the MM's to raise their bids . This will cause
SHORT SQUEEZES on the Market Makers because it will be THEY who are forced to pay higher and higher prices in order to be compliant .
As the public becomes fully aware of this enforcement by the SEC , investors will be inclined to hold onto their shares until they can either capitalize on a short squeeze
or until a FAIR market of true supply and demand is established for their chosen equity investment .
The Market Makers' reign of MANIPULATION through the illegal action of trading non-existent shares at the extreme consequence to public companies and investors will soon be over .
Advertisements
• Trade like a pro with Qcharts