Imagination TV Inc. (IMTV)

[GuyG]

Unfortunately, I think we bail them out. Goldman Sachs, the center of this article got about 10 billion in bail out money in 2008. The really bad thing is naked shorting doesn't only put at risk the company that is doing it but it also can kill us shareholders because they are actually selling shares that don't exist. This in essence raises the outstanding shares which (just like dilution) pushes down the share price. So they realize the drop in share price that they wanted when they shorted it - they may have caused it.

Now I don't know if they get involve with penny stocks or not but who knows.