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Re: tradingfunds post# 60129

Friday, 11/16/2012 4:07:03 PM

Friday, November 16, 2012 4:07:03 PM

Post# of 167964
NITE Naked Shorts where are the links to show NITE has been fined - the MM shorting conspiracy theory is on every pump and dump board on iHub. It is what the promoters tell you to hide the fact the stock is garbage.

One tactic that many stock promoters use over and over again to explain why their stock promotions are followed by large stock price declines is to blame it on the short sellers. Unfortunately, FINRA abets these lies by publishing without adequate explanation data required by the SEC’s Regulation SHO. This data provides information on every share sold each day. Time and and time again I have seen stock promoters use this data to ‘show’ that the stock they are promoting is getting attacked by short sellers........ the next time a stock promoter links to the FINRA Reg SHO short data to show that a stock dropped because of short sellers, you will know that they are lying. In fact, many times the large block sellers whose shares are sold in such a way to make them show up as ‘short sales’ in the FINRA data are the stock promoters or the people who pay for the stock promotion. So the promoters are not innocently wrong — they lie through their teeth even though they know better.


IG