News Focus
News Focus
Followers 227
Posts 17354
Boards Moderated 5
Alias Born 06/02/2007

Re: fourkids_9pets post# 187629

Tuesday, 06/19/2012 11:40:56 AM

Tuesday, June 19, 2012 11:40:56 AM

Post# of 312102
"i hope this link helps"

This link from the SEC is much more helpful in explaining the frequent false claims that are made about so-called naked shorts on scam stocks like JBII:

"There also may be instances where a company insider or paid promoter provides false and misleading excuses for why a company's stock price has recently decreased. For instance, these individuals may claim that the price decrease is a temporary condition resulting from the activities of naked short sellers. The insiders or promoters may hope to use this misinformation to move the price back up so they can dump their own stock at higher prices. Often, the price decrease is a result of the company's poor financial situation rather than the reasons provided by the insiders or promoters."

http://sec.gov/spotlight/keyregshoissues.htm

"It is difficult to get a man to understand something, when his salary depends upon his not understanding it."

Upton Sinclair

"Nobody ever went broke underestimating the intelligence of the American public."

H. L. Mencken

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y