it's a very safe bet that anyone you talk to at the SEC ALREADY knows about this. It's obvious that the SEC is NOT going to do anything, and I'm totally shocked and appaled that they have not released any kind of statement. My disgust with this system has no bounds.
sure..the SEC is understaffed and underpaid. Sure, GVRP a bullshit pink sheet stock and no Enron raping hundreds of millions of $ of retirement funds...
. But, the MAIN truth is that the amount of money that 'investors' are going to lose is NOTHING compared to the hit that the insurance companies and the brokerage firms would have had to cough up IF the SEC really did enforce the short rules. THAT's what we're dealing with.
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