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mastaflash

02/13/08 7:13 PM

#100862 RE: nwsun #100859

Nice post nwsun. There is no doubt in my mind that someone naked shorted the crap out of this, and it would naive to think those miscreants are not at least watching the boards, if not actively playing a role. BCIT was the perfect stock to be naked shorted back in Summer '05. Megas is the only thing that went wrong for them, but make no mistake, TM could give up tomorrow, and the miscreants would win again, and there is nothing we could do about it. As for the SEC investigating us?...I would be surprised...but you make a fair comment about deflecting blame. I think it more likely they will simply do nothing and hope BCIT dies an unnatural death, so they don't have to deal with it. TM is the only hope out of this right now, so I support what he is doing.
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clarity789

02/13/08 7:25 PM

#100864 RE: nwsun #100859

I can only hope you aren't serious nwsun. Of course the SEC is investigating the trading - from both the company and shareholders.

Thats their job. I support them and hope they do a really thorough job...

As for psuedo or real hedge funds? It wouldn't surprise me in the least if hedge funds were invested here. Why not? Shorting is not illegal - even when a hedge fund is doing it.

But I think you have a valid point... there do seem to be some here who want to distort the facts.

You suspect the "hedge funds" are the culprit, and I can see your reasoning. I could even see the possibility of one or more brokerages acting in unison... as sort of a quasi-hedge fund... to control the trading here in 2005.

It may surprise you to hear this from me, but I too suspect there are a few bad apples posting here.

Peculiar posts? Odd comments? Why yes, indeed.... I've seen those, too.


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realwood

02/14/08 11:47 AM

#100909 RE: nwsun #100859

I would think that a possible pounp n dump would be why the SEC would investigate shareholders.