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Re: mike306oh post# 16

Friday, 01/07/2005 8:28:28 PM

Friday, January 07, 2005 8:28:28 PM

Post# of 49066
***Good HEXS News!

"The SEC has finally implemented the long awaited Regulation SHO. Regulation SHO went into effect on January 3rd. Beginning January 10th, each day a list of securities with excessive open naked short positions will be publicly published.

For many years short sellers have been able to simply sell unlimited supplies of small stocks through overseas brokerage firms, even though no shares have been borrowed. Thanks to loopholes in the clearing system, these sellers are never forced to deliver the shares. In essence, short sellers have been able to "counterfeit" supplies of stock by avoiding the regulations from offshore."

Good news: In anticipation of the January 10th (Tuesday) deadline, it looks like at least one of the oversee exchanges (The Berlin Stock Exchange - BE) started to cover today:

http://finance.yahoo.com/q?s=hexs.BE&d=t

Note: These crooks usually don't post the volume. Nonetheless, important is that today HEXS:BE moved up 25% from the recent hystoric low price of 0.003 Euro (1 Euro = $1.36), and ended today at 0.005 Euro.

Mike


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