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Re: RedneckInvestor post# 11

Monday, 05/23/2005 8:23:58 AM

Monday, May 23, 2005 8:23:58 AM

Post# of 44
stockrocker....NO ...you are not by yourself on this issue.I am the moderator on GZFX board here on Ihub and have seen our stock as well as many others in recent months tha IMO have been victimized by naked short selling.The fact that MMs can legally do this in order to "maintain an orderly market" is to me the biggest problem of all.It gives these guys a license to steal!!If no shares are in inventory then NO shares should be sold PERIOD on OTC stocks.And if no shares are available to borrow on marginable equities then no shares should be borrowed!!!Plain and simple.Stop naked shorting with Market Makers first and IMO you will see the problem almost totally disappear...These guys have been having a very lucrative field day at our expense and continue to do so.I have seen stock after stock trade through very strong support on OTC at PPS levels that only an idiot would sell at.....VERY BRIGHT RED FLAG for shorting IMO.NO you are not alone...I trade very cautiously and very sparingly because of the assumption and evidence of this problem.Thanx for your efforts and hang in there..

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