| Followers | 109 |
| Posts | 11523 |
| Boards Moderated | 0 |
| Alias Born | 06/21/2006 |
Sunday, January 29, 2012 12:51:53 PM
Please read my post more carefully. I didn't claim to make $50k, I made a $50k short borrowing my own shares, for a tidy sum (it was a few thousand dollars that I netted).
Speaking of the loopholes you mentioned, I read your earlier gushing post about being a "former naked shorter". "As an ex naked shorter myself, believe me, these guys are very creative in finding legal loopholes." I'd be more interested in hearing your thoughts with regard to this post-
I also noticed we haven't been hearing the YOY stats lately, care to remind us today? TIA
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71436903
The SEC doesn't have time or resources to look through crack-pot NSS PinkSheet stories, anymore than they have to date (none of them amounting to anything). I'd say they're well aware that PinkSheet gamblers don't read all of the warnings about buying into PinkSheet stock stories, offered by the SEC.
I for one, would rather see their resources being spent clamping down on PinkSheet promoters who regularly run afoul of 17b disclosures, and cause financial and emotional harm to unsophisticated 'investors' while they themselves are given stock for their canned promotions in various companies to push these garbage stocks. There is no shortage of cases brought to bear upon these dregs of society, whereas "NSS" has been shown in the OTC to be nothing more than artifice, and often an artifice offered up by these touts and louts as to why their PinkSheet promotion is under water.
I hope the SEC investigation into JBII reveals any consultants that were paid to promote the stock, assuming the consultants didn't just show up at JBI's office and receive cash or equivalent in lieu of shares.
I'm sure you'd agree?
----------------------
If you "made" $50K shorting your own shares on JBII then you also lost $50k at the exact same time on your long side.
Speaking of the loopholes you mentioned, I read your earlier gushing post about being a "former naked shorter". "As an ex naked shorter myself, believe me, these guys are very creative in finding legal loopholes." I'd be more interested in hearing your thoughts with regard to this post-
I also noticed we haven't been hearing the YOY stats lately, care to remind us today? TIA
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71436903
The SEC doesn't have time or resources to look through crack-pot NSS PinkSheet stories, anymore than they have to date (none of them amounting to anything). I'd say they're well aware that PinkSheet gamblers don't read all of the warnings about buying into PinkSheet stock stories, offered by the SEC.
I for one, would rather see their resources being spent clamping down on PinkSheet promoters who regularly run afoul of 17b disclosures, and cause financial and emotional harm to unsophisticated 'investors' while they themselves are given stock for their canned promotions in various companies to push these garbage stocks. There is no shortage of cases brought to bear upon these dregs of society, whereas "NSS" has been shown in the OTC to be nothing more than artifice, and often an artifice offered up by these touts and louts as to why their PinkSheet promotion is under water.
I hope the SEC investigation into JBII reveals any consultants that were paid to promote the stock, assuming the consultants didn't just show up at JBI's office and receive cash or equivalent in lieu of shares.
I'm sure you'd agree?
----------------------
If you "made" $50K shorting your own shares on JBII then you also lost $50k at the exact same time on your long side.
