Posted by: janniebgood
In reply to: scorpio70 who wrote msg# 236459 Date:1/5/2007 8:38:15 PM
Post #of 236497
Mr. Vucicevich stated it himself that he didn't think there was a signifigant short.
If the fearless leader said this (and he did), then why your constant comments about the naked short interests that the evil MM's are so concerned about, and the short interests who employ all the "paid crew", as you call them?
Maket makers short at will to keep the market as efficient as they'd like you to believe it needs to be and as the SEC will permit them.
The argument they'd make is that the internet bubble and subsequent crash would have been made more severe if the practice wasn't used.
My constant comments are a reminder to anyone who is reading here for the first time and is confused as to why there are so many posters writing about a stock while offering no real insight or ownership interest.
Market makers selling shares that don't exist until actually covered through sales need agents to dissuade buying interest and succumb easily to selling shares.
In an unsolicited world there is no protection given to normal economic forces of supply and demand and market makers can arbitrarily move prices to cover earlier shorts they've created. And cover they will.
The efforts to confuse and disable run so strongly on SLJB that professional posters work this angle continuously to cover that need to fill previous sales that aren't real.
Some call them... air shares/counterfeit shares/naked shorts
I prefer to call it the 'curley shuffle' nyuk nyuk nyuk
When and if SLJB ever drops the bombshells of the transparency of AF's..contracts... etc. there will be terrific demand for these shares. Working the psychology of human nature on the theory of it's easier to sell than buy will be well worth each and every post delivered by these posters to cover previous shors as cheaply as possible.
SLJB represents a bonanza for the major price gaps and fills on intraday shorts that will be cleared off their records by days end.
I don't think the MM's are evil. That seems fairly childish. Their practice is what I'd and the regulations in place call criminal.
I assume your characterization of Mr. Vucicevich was not said mockingly. But do you feel he's the head of SLJB by calling him the 'leader'?
He was their former CEO and has stepped down early prior to his stated desire to do so within six months after assuming the role.
I assume he probably is fairly fearless. I doubt anyone could deal with the complexities and responsibilities of his without having a fair amount of confidence.
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