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janice shell

06/15/04 9:31 PM

#29380 RE: Admiral The X #29370

Only if you believe in that story. Why should you?

the whole naked shorting scam we have been hearing about is designed to force the company in question is designed to end by the MMs partners granting very stiff loan to the company that got shorted in exchange for enough stock to cover the short.

LuckMuncher

06/15/04 10:21 PM

#29442 RE: Admiral The X #29370

does anyone know the truth about Pink Sheet Securities??? The fact of the matter is that NO ONE can forcably short sell a pinky. it is impossible... any and all orders are taken by the MM. all offers to buy, and all offers to sell go through the MM ONLY. the MM can buy and sell at whatever price they want. they can honor your offer to buy/sell, or they can pass-you-by like yesterday's roadkill. other MMs, the SEC, and big boys like money managers may be able to influence the MMs, but no one can short a security unless there is an "open market" for said security. and the pinks are far from open...