Thursday, January 27, 2011 2:50:50 PM
Good luck getting Darin to see your point of view...a better strategy would be to report the naked shorting in BSGC to the SEC. If management and friends of management have done nothing wrong then they have nothing to fear and no harm done. A "wake up call" to let them all know we are not just grumbling here but taking action is in order.
Have you seen how "somebody" is smashing down the price of BSGC on purpose? Whose handiwork is this? We all know the CEO and other management figures are some of the largest shareholders in BSGC. They should be on the phone to the SEC complaining about the naked short selling. Are they? If not, why not? If you don't know what naked short selling is, know that it is illegal, and causes what is known as failures to deliver (stock) and lands you on the Nasdaq list of so-called “threshold securities”, a nicer name for stocks sold short illegally. Look up naked short selling on Google.
Here is to the link to the Nasdaq list of “threshold securities”, published daily in compliance with the U.S. Securities and Exchange Commission’s Regulation SHO as reported on Bloomberg.
http://www.bloomberg.com/news/2011-01-27/nasdaq-threshold-securities-for-jan-26-table-.html?cmpid=yhoo
BSGC has been on this blacklisted list for two days. The damage to the stock price is of course already done. The email to report this illegal activity is enforcement@sec.gov.
In the last 30 trading days more than 50 million shares were sold at prices from $.063 down to today’s low below 2 cents. A good portion of that selling was illegal naked short selling. I think the SEC winks at it but if enough people complain they will take a look at who is behind this illegal trading in BSGC.
Have you seen how "somebody" is smashing down the price of BSGC on purpose? Whose handiwork is this? We all know the CEO and other management figures are some of the largest shareholders in BSGC. They should be on the phone to the SEC complaining about the naked short selling. Are they? If not, why not? If you don't know what naked short selling is, know that it is illegal, and causes what is known as failures to deliver (stock) and lands you on the Nasdaq list of so-called “threshold securities”, a nicer name for stocks sold short illegally. Look up naked short selling on Google.
Here is to the link to the Nasdaq list of “threshold securities”, published daily in compliance with the U.S. Securities and Exchange Commission’s Regulation SHO as reported on Bloomberg.
http://www.bloomberg.com/news/2011-01-27/nasdaq-threshold-securities-for-jan-26-table-.html?cmpid=yhoo
BSGC has been on this blacklisted list for two days. The damage to the stock price is of course already done. The email to report this illegal activity is enforcement@sec.gov.
In the last 30 trading days more than 50 million shares were sold at prices from $.063 down to today’s low below 2 cents. A good portion of that selling was illegal naked short selling. I think the SEC winks at it but if enough people complain they will take a look at who is behind this illegal trading in BSGC.
