CMKM Diamonds Inc (fka CMKX)

[dia duit]

One more thing. theres no such thing as naked shorting, there all crazy.Its just people angry there stock didn't go up

Here's another myth penny stock gurus like to exploit. Annette Nazareth never said, "there is no such thing as naked shorting".

Here is a quote by Annette Nazareth from June 2004;

The rule proposal would bar stock transfer agents from handling shares that carry any limitations on transfer. Control over stock certificates is one of the ways that small companies have combated illegal naked short sellers. Burns quoted Nazareth as saying that these companies' "self-help" efforts "aren't helping U.S. markets overall." Nazareth was quoted as saying restrictions on stocks are "a significant step backwards" in the "move from paper stock certificates to automated computerized trading."

Nazareth said that abusive "naked" short selling has been a problem "in some cases," but that is "best dealt with by a pending SEC proposal," presumably Regulation SHO.