Replies to post #256193 on CMKM Diamonds Inc (fka CMKX)

[Stock]

http://worldwidewas.com/

[IQ1]

Maybe the SEC should conduct an Experiment !

Short a stock keeping track of all the shares till it goes go hell and see how far it will go before they are forced to do anything about it. However not everyone at the SEC should be aware of what they are testing.

Testing is important don't you agree ?

[dia duit]

"The market has its own mind."

Exactly! But the NSS crew fails to grasp this simple concept.

"Our belief is that naked short selling was never a problem with these stocks," said Eric Newman, portfolio manager at long/short fund TFS Capital in West Chester, Pennsylvania.

Indeed, prior to the SEC's rule only one of the 19 stocks, the U.S.-listed shares of Deutsche Bank (DBKGn.DE: Quote, Profile, Research, Stock Buzz) (DB.N: Quote, Profile, Research, Stock Buzz), had been listed on the New York Stock Exchange's list that tracks stocks with "fails to delivers" -- an indication of naked short selling.

"We think the SEC are going to read into this data that a lot of short sellers exited positions," Newman added. "But we believe a careful look will show was that naked short selling was not ferreted out, but that it was regular legitimate short sellers who were closing their positions."

[jimmym4]

Well Yes Janice..They played by the book..It is like bank robbers..If the police are parked in front of the bank..will they go in and rob it?


http://pqibex.shutterpoint.com (Moosehead Lake Keno)