And the savvy OTC CEO's who learned how to make millions from PIPE toxic financing arrangements has moved their lawlessness up a notch ... bringing it to cheapy Nasdaq land stocks.
For those who weren't around going back to the early 1998 - 2,000 era, there were many millionaires who made their riches playing OTC penny stocks. They laughed at playing big board stocks. I was personal friends with a few.
They ALL had ONE MANTRA they gave clear agreement with: "It is TWICE as easy to make 100% return on your money SHORTING a stock than hoping to make 100% on your money going long."
Well ... all one needs is a comfy relationship with just ONE off shore hedge fund that the SEC (fed. gubment) has no authority over to stop naked shorting by them. (And that can mean a boat floating half a mile out at sea with wireless Internet capability!).
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