InvestorsHub Logo
Followers 0
Posts 143
Boards Moderated 0
Alias Born 12/09/2004

Re: None

Sunday, 02/27/2005 5:30:40 PM

Sunday, February 27, 2005 5:30:40 PM

Post# of 221872
VIANI... WHAT LOCKING THE SHARES DOES:

In a perfect world, if everyone locked up the shares in his/her account, the MM would have no choice but to let it run up. The naked short loophole would be closed for good.

As you know, its not a perfect world, but the more of us that do, will put a short term squeeze on them. I have seen this before.... When I first owned PGHI, now GZFX, we did the same thing. The stock would not go down for the longest time...until the newer shareholders came in and left the account unlocked.

I have already communicated with the company, and I feel good they are going to trying and address this matter through legal means. However, shareholders have the power to take matters in there own hands when they feel like the loopholes created for naked shorting send a stock into a death spiral. I am not saying this thing will shoot up 500%, but I am saying we can work together to shove it back into the MM face and say stop it you MF's!


I have AMERITRADE and 10 million shares of GWGO. My limit is .20. Not sure how to raise yours. Call customer service.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.