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Re: gemmerling post# 15877

Wednesday, 09/14/2005 11:25:45 PM

Wednesday, September 14, 2005 11:25:45 PM

Post# of 53812
gemmerling: Although Dutchess (or their business agents), may not have a short position, there's nothing that prevents, say, a friend of a high-ranking employee of Dutchess from shorting the stock. Cornell is allegedly famous for such arrangements (naked shorts that can't be traced back to them), always seems to be there's a naked short position in a company Cornell finances. I don't think that's co-incidental.

I know there's a lot of "conspiracy" theories out their re: the MMs and financing companies messing with the PPS. I wouldn't put it past someone who would benefit from naked shorting to do it through some loophole. It seems to happen a lot.
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