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Manti

05/08/07 10:40 PM

#10408 RE: 1stepahead1 #10404

I see the board is wasting good space discussing what they don't know anything about. This stuff about placing a high sell order, ordering certs, etc, has ZERO impact on shorts and naked shorts. Yes, there are rules on the books, but they are so full of holes that they are not enforceable, especially by an sec that looks the other way. A case in point is DNDN. It is a nasdaq listed stock wirh about a 15 billion dollar market cap, and has so many naked shorts that it makes one wonder. (There are about 85 million issued shares, and about 30 million short). If hedge funds and brokerages can naked short a listed stick like that, think what they can do with a pink....