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Re: samlion post# 25285

Tuesday, 05/03/2005 9:52:12 AM

Tuesday, May 03, 2005 9:52:12 AM

Post# of 82595
samlion, I am amused by this part.

Funny how it is exactly opposite to the consensus opinion on why they need to provide this transparency.

In an email to Donaldson, Coulson had said “I believe that it is very important to require the disclosure of short positions because the lack of transparency is allowing promoters to defraud investors by blaming all selling on naked market maker short selling. Disclosure and transparency can easily remedy the issue.”

Apparently, the problem is NOT the short selling, but is the fraudulent gouging of investors by dumping shares and then BLAMING short sellers for the inevitable decline in the stock price due to the dilution.

Sound familiar?

regards,
frog