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Grande25

08/26/06 4:35 AM

#56487 RE: MHS #56486

Don't you watch MTV or HBO? Americans are gangstah, yo... Sort of kidding sort of not.

One theory on the subject of shorting is that shorting can actually bring our market to a grinding hault by market realization of zero value stock certificates. If you did the same thing to the US currency and everyone knew that all we had was a bunch of counterfeit bills in circulation... Where is the value of the currency? There wouldn't be any.

The SEC is taking gradual steps towards reducing shorts... One apparent thing that only started last month is the publication of shorts on the OTC site:

http://otcbb.com/asp/OTCE_Short_Interest.asp





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Powr2dpeepl

08/26/06 5:01 AM

#56488 RE: MHS #56486

Won't stop until all we stop investing
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pennyjunkie

08/26/06 7:22 AM

#56498 RE: MHS #56486

Good read for MHS (Posted by: Saviman)
In reply to: allinone who wrote msg# 56224
Date:8/25/2006 11:17:47 PM
Post #56279 of 56347

Allinone check this out. Naked short crooks will get theirs very soon, the nooze is beginning to get tighter and tighter.

Looks like Specter and Grassley and Hatch aren't screwing around, and dislike being stonewalled by the SEC almost as much as we do.

We saw a few articles about the letter to Cox, but you gotta actually read the document.

Here it is:
http://www.senate.gov/~finance/press/Gpress/2005/prg082306.pdf

Wow.

Pretty much says knock this sh$t off now. Unmistakable. They feel like they are being stonewalled. Which they clearly are.

Anyone wondering whether the SEC is out of control should read this letter.