Replies to post #20445 on GD Entertainment and Technology Inc (GDET)

[luckydude777]

I truly believe that what has caused so much debt death spiral financing for these pennystock CEO's is the insatiable shorting of offshore entities with these pennies.

Crap - if you're a CEO of a penny company, you can actually HAVE a possible business model that might one day make the share price worth sustaining as best you can, but if there is relentless offshore shorting, WHICH way you think the MM's are going to take the stock? Certainly not UPWARDS! (Besides - a CEO can short their own stock as well through off-shore accounts, so not only can they start out with making $1,000,000 a year through "private placements", they can also profit from their OWN shorting. Geez!

And if CEO's of pennystock companies can keep making $1,000,000 a year though death spiritual financing and not go to jail for it ... what the hell does it matter to THEM whether the stock gets pounded to oblivion?! Issue a new stock symbol - let the stock get pounded as before - do a reverse split or three before coming up with a "new" business model: rinse-repeat. It's totally legal thank you very much Uncle Scam.

So if anyone wants to make a $1,000,000 a year minus taxes, don't screw around playing these pennies. Become your OWN penny CEO if you have no fear of having to give an account to God for it on the judgment day for essentially being a "lying-deceitful serial financial rapist."

Until the Fed curtails off-shore shorting of pennies, I expect the whole cesspool to grow worse and worse. I sure would like to be proven wrong. Penny's are a wonderful way to learn how to make money in the Shock Market for people with little cash to play with. Back before fall of 2003, seasoned traders became millionaires playing pennies because they were a lot more predictable (risk/reward) than larger cap stocks. Off shore shorting has brought that to a near screeching halt, of course with PIPE financing putting odds in the short's favor, and the MM's favor as well. We won't mention the possible favor of CEO's and insiders using off-shore accounts to short with - SURELY they can be trusted not to do such a sneaky thing, RIGHT?!

P.S. Financial terrorism? Suppose we are watching it increasingly unfold with pennies?