OMDA Oil and Gas, Inc. (OOAG)

[ooag_long]

"Regulation SHO requires bona-fide market-making activities to include making purchases and sales in roughly comparable amounts. The Commission has stated that bona-fide market-making DOES NOT include activity that is related to speculative selling strategies or investment purposes of the broker-dealer and is disproportionate to the usual market making patterns or practices of the broker-dealer in that security. Likewise, where a market-maker posts continually at or near the best offer, but does not also post at or near the best bid, the market-maker's activities would not generally qualify as bona-fide market-making. Moreover, a market-maker that continually executes short sales away from its posted quotes would generally not be considered to be engaging in bona-fide market-making"

(from today's report) http://finance.yahoo.com/news/BUYINSNET-Updates-OMDA-Oil-pz-2491899187.html?x=0&.v=1


so, the market makers are not bona-fide, meaning they are not real market makers? so the disagreement about market makers shorting the sock has boiled down to the posers shorting the stock, must not exist because no one can short the stock except a market maker?

it truely is hillarious what some people that don't like the company have chosen to argue about!

go ooag

--real