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jon_e_og

08/01/04 10:01 PM

#67864 RE: NoClue #67845

haha

First ask yourself; what MMs does Ameritrade use for its order flow?

I think their biggest is NITE, the MM that is rumored to have a large short position.

Now if NITE pays you to send orderflow their way and its your responsibility to pay shareholders if NITE has shorted this and will not cover would you want to make this public information?

All that would do is draw more attention to this stock, which would create more demand for the stock, and make it even harder for anyone who is short to cover. Not to mention problems it would create for Ameritrade if they came out and said they think there is a problem with one of their Market Makers.

Broker/Dealers need MMs and MMs need Broker/Dealers...if one's in trouble you better believe the other is gonna try to bail them out...

Not saying there is a Naked Short, but all evidence in the penny arena as a whole points in that direction, so when you are told by someone, who may be complicit in a crime, that its not going on, you need to really question their motives and the conflict of interest it creates...
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olico ™

08/01/04 10:09 PM

#67873 RE: NoClue #67845

unless done out of the country................;)

OR............with some nice 'help' from some with the bling.....oh the things MM's like to say...........

just knowing a few really makes YOU wake up to this insane game..
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ACTX

08/01/04 10:51 PM

#67931 RE: NoClue #67845

Noclue;
The theory behind naked short is that, MMs are selling stock hoping that company will never make it, and will file bankruptcy in few years, in the event of bankruptcy investor have no choice but to lose money and MMs knows that no one is going after them because the company is not there and no one ever will find out about the O/S. As per my information naked short are consider as share that were never existed. let me see if I can find a link for you. here is the link". BTW I talked to Fidelity and the broker never heard about Naked short, He explained to me about short selling (Borrowed shares).

http://ragingbull.lycos.com/mboard/boards.cgi?board=CMKX&read=354989


"opinion are my own you don't have to agree."


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