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ironjericoh

05/11/10 3:14 PM

#25511 RE: HOLDING ETLS BABY #25506

Oh, I'm doing something about it. I appreciate all your efforts. I do. I'm just tired of all this BS. I just read something that I believe is total BS. It does relate to ETLS and this shorting going on.


SEC rule 10b-21 is supposed to help "prevent" this junk from happening, but, this is what they get at from googling on that rule:
http://www.google.com/search?q=rule+10b-21&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a

What i think is total BS:
"However, on further investigation, we find evidence suggesting that these price decreases are permanent, which implies that short selling is not manipulative, but rather, that they are informative."

http://www.acsu.buffalo.edu/~kk52/Kim%20and%20Shin%20-%20final%20version.pdf

I do commend the senators that filed this letter with the SEC charwoman:
http://investorprotectioncoalition.org/files/Senators_Letter_to_SEC_April_2009.pdf