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marketmann

08/03/07 9:42 PM

#278762 RE: cheaplaf #278761

If you have any proof of naked shorting,
please provide it and we can get it in the ibox.
does it pertain to sljb, or just nakey shorters in general?
i read months worth, but never seen any proof connecting sljb with any real shorting.

Wit Knows

08/04/07 12:16 AM

#278770 RE: cheaplaf #278761

Sure, that could be done, but that would be deceiving as there isn't any naked shorting.

If you feel or think otherwise, please provide the link/proof.

Wood Dog

08/04/07 6:10 PM

#278779 RE: cheaplaf #278761

I'm a little confused about this naked shorting issue. I thought the point was to short a company you knew wouldn't sustain a price, like say .19 and then buy it back at say, .01 or lower. Just what would shorts be waiting for now? You think they are waiting for say .006.
That would make them pretty stupid if they were smart, or lucky enough to short at .19
I don't doubt that this stock was shorted at one time, nor do I doubt that those who did short it are very happy and either lying on a sandy beach enjoying the good life, or on to other scams.