Replies to post #35006 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[Carpedeim357]

Camper exactly. No short data on a penny stock is gong to be accurate. That like asking to fox to count the hens everyday. Market makers run this market. The Sec even listens to their bs and allows them to naked short sell. That is not some myth. The myth is anyone thinking they won't abuse it. That they can't hide how big naked short sales are. If anyone thinks that then you don't know how this market is made. Why do you think on mb's we have so many telling us how bad company and stock is. Yet somehow we are to believe so many just do that for no profit motive lol. For years I see no such thing as naked shorting. Yet somehow years later it was not there is but not a big problem. IT exists and is big problem for one reason. Crooks can make money selling nss. So of course it will be abused. WHo is going to stop them not Sec? They are like having cop on the take. So really crooks with little chance of punishment are not going to nss big time? Of course they are.

[happyguy72]

this sounds familiar....

reg sho is bogus.... it is meaningless...

SEC has created a policy that assures that they CANNOT police this situation....

SEC says that nss is illegal on one hand and then they create a legal clearing mechanism that makes it illegal to investigate it due to the necessity of guarding propriatary information....