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brute_force

02/19/08 12:19 PM

#293120 RE: jbgoodtrader #293117

What "shorty" BS. Puleeze! At least be original. No pinky MM can legally hold a position in a pink/grey he is making a market in. Secondly, SLJB is not a marginable security. Only marginable securities can be shorted by those other than insiders hedging unregistered securities. Lastly, if SLJB was marginable and could be shorted, it would be cost prohibitive to do so. First I defy you to find one brokerage who will short SLJB, forget naked shorting it. Then, if you do find one, to short a penny trading under $5/share requires a margin of, MINIMUM, $2.50/share. So to short just 1 million shares of SLJB would require a MINMUM of $2.5 million USD (most short firms would charge you $5/share margin to short it at that price) in your margin account. Who has $2.5 million laying around to short this POS? That's why Ammerman & the LFWK scammmers shorted LFWK by selling themselves shares over what was authorized. Then they got fools to buy into their scam "shortseller captured capital" BS while they dumped, blaming their dilution on "naked shorts".
Just another day in the pinks. Blame fictional naked shorties for the insider trading and hedging of unregistered securities.



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Risicare

02/19/08 11:44 PM

#293153 RE: jbgoodtrader #293117

Who do you think is more likely to short SLJB?

Message board posters

or

Company insiders and officers who have millions of restricted shares.


There is a very common pattern to shorting in small caps which of the above applies? Which is proven out by history?