American Green Inc (ERBB)

[STEHSUCKER]

SHO was always going to be fired for effect only. If you have ever spoken to anyone at the SEC as I have, including the author of SHO, they do not really believe there is a naked shorting problem.

Most of this belief is based on their days to failure measurments that they believe give them an accurate portrayal of the naked short situation on any given stock, when in fact this measurement does not provide an accurate picture and is easily manipulated, circumvented by the large hedge funds through a technique known as desking... something btw, the author of SHO had never heard of prior to my conversation with him.

Desking is simply the transfer of shares electronically from one hedge fund to another in order to refresh the certs so as to avoid triggering the days to failure alarms.

I would also say that the real culprit in all of this is the DTCC that derives a vast amount of revenue from aiding and abetting this destructive process known as naked shorting.

However, in the end the real defense against this practice is simply to build a real company, one that files on time or at all, is run by reliable stewards recognized on the street as having experience, skill and integrity and has a realistic working business model with increasing revenues.

Microsoft is not heavily naked shorted for a reason, nor is IBM or countless others. Naked shorters are like wolves that prey on the weak, sick and lame. If you want them to leave the cure is rather simple and does not require government intervention to accomplish.

Of course alj14 will simply find a spelling or grammatical error and label me a 'basher'