Check this out about naked short selling!!!!!!!!!!!!!This could be HUGE for us!
Bederra Corporation Re-Emerges On Newly Implemented Uptick Light Rule
TORONTO, ONTARIO, Feb 26, 2010 (Marketwire via COMTEX) -- Bederra Corporation (PINK SHEETS:BEDA)
TheMarketFinancial.com, the news portal which covers the latest Wall Street developments while delivering financial and investment intelligence to a community of highly informed investors, has issued a special independent research coverage on Bederra Corporation (PINK SHEETS:BEDA).
After being the subject of naked short selling by individual investors, institutions and market makers the last couple of months, Boderra Corporation looks to re-surface from current levels, as technical chart analysts place the stock on major focus for the next couple of days. On the brink of one of the most significant decisions the financial industry has seen in well over a decade, the newly implemented "uptick light" brings many newly founded opportunities to the investment community. "The days of naked short sellers borrowing shares from each other in order to pocket handsome profits by artificially decreasing prices are now becoming a thing of the past." noted Michael Vlaicu, President and CEO of MIV Investments Inc.
Extensive research was conducted, thus MIV Investments Inc. has initiated a strong Buy Rating with a short-term price target of $0.0026 for the company's stock, paired with the highest level of confidence. "Strategic location, profitable growth, high-growth market, and diversifying revenue streams all play key roles in making this one of the best plays of 2010." added Michael Vlaicu. "The company has been heavily shorted the last couple of months, making it very susceptible to a short squeeze once the buying pressure initiates."