InvestorsHub Logo

Neophius

09/24/17 2:34 PM

#32884 RE: GTschwifty #32882

Compared to the millions of trades that exist?

Yeah, VERY rare.

Certainly not here. Certainly not responsible for the disaster.

I-Glow

09/24/17 4:24 PM

#32885 RE: GTschwifty #32882

Finra identified 3,616 violations of Regulation SHO at KCG over the four-year period. The disciplinary action included “a censure,” a fine totaling $105,000, and the mandating of a written process to ensure future compliance with Regulation SHO within 60 days.

So out of the hundreds of millions of trades in a 4 year period there were 3,616 violations. Wow, NITE must have made hundreds of dollars.

The fine of $105,000 shows the insignificance of the shorting.

More sensational headlines about NITE and shorting - not backed by facts.

On the OTCM scams - the depressed price is always blamed on ole Shorty or the nefarious unnamed and always offshore group of naked shorters or the the evil MMs plotting against a lightly traded sub-penny stock.

The problem and reason for the 91% drop in price since February 2017 is because the real DD has proven BMXC is just another OTCM scam.

Please post you research and DD that proves BMXC is a real company.

Just a FYI - real companies don't use toxic financing.

IG