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shajandr

07/14/16 1:18 PM

#346176 RE: cowtown jay #346175

Yawn. More tiresome bullshit.

You have zero evidence. Your ranting letters have been kicked from every court you've sent them too. Nobody, and I mean nobody on the DD Fraud board places any credence in those BizarroWorld claims.

What you post is quite simply wronGGG and unfounded - totally unsubstantiated by any evidence.

The only thing to find amusing is the futility of this bizarre, quixotic campaign. It is almost exactly the same as Krazy Al Hodges on CMKX.

Have you read Krazy Al's court filings and the courts' responses kicking him to DaCurb with this NSS ranting? I believe that is where one should start.

Seriously.

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Playtowin

08/15/16 10:40 AM

#346200 RE: cowtown jay #346175

Hey Jayman any traction here?
Naked short sellers squeezed by Supreme Court

Published by AMI Newswire May 16, 2016

In a sweeping blow to Wall Street investment giants, the U.S. Supreme Court today unanimously allowed lawsuits against "naked" short sellers in state courts to proceed.

The high court ruled unanimously that shareholders are not confined to federal court when seeking recourse for securities violations. Granting due deference to the important role of state courts, the Court reinforced federalist principles while clarifying congressional intentions to limit the federal governments role.

The ruling, which could give a new boost to startups and small companies targeted by short sellers, showed a rare moment of ideological agreement in the court. Justice Elena Kagan authored the Courts opinion, and Justice Clarence Thomas, joined by Justice Sonia Sotomayor, issued a concurrence.

In 2012, businessman Greg Manning sued Merrill Lynch and other financial institutions in New Jersey state court for purposefully devaluing his company through systematic naked short-selling a term used to describe selling a stock a seller does not own and has not borrowed. In standard short sales, traders either borrow a stock or make sure that it can be borrowed prior to selling it short in the hope that its value will fall before the transaction must be covered.

The practice has come under increasing scrutiny and has been banned in Germany and other major economies.