InCapta Inc (INCT)

[simplegreen]

Thanks PowerPole on that post...Many people still have their head in the sand about the issue of naked shorting and all need to be reminded that it is happening EVERY day.If anything Reg Sho made it worse since now MMs know NOTHING will really be done to them.GLKC and NFLX have been on the list since it started in January!!! You think the MMs are scared?Truth is tho they are only taking advantage of 2 things...the SEC that lets them do it legally and the relentless selling pressure a stock has that is caused by daytraders that use Scalp tactics (taking 1%-2% on the trade)IOW they buy at the ask for example on a momentum play at .005 500k to a million shares then immediately put it up for sale 1 or 2 ticks higher or .0051-.0052 !!This pounding continuously throughout the trading day makes it look like dilution problems or naked shorting when in fact it is traders "shooting the goose that COULD lay a Golden Egg"..but they are pleased to take $20-$30 profit over and over till guess what? Momementum dies and they move on...YES naked shorting is a problem but the MMs in most cases just going with the flow that some traders cause with atrocious trading tactics...Nuff Soapbox for me T'Nite...Simple