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janice shell

05/17/10 3:05 PM

#307129 RE: Chas56789 #307128

No it won't.

You heard that here first.
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zenster

05/17/10 3:07 PM

#307130 RE: Chas56789 #307128

Naked shorting is legal and real institutions don't short insignificant companies
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TheFraudStopper

05/17/10 3:15 PM

#307131 RE: Chas56789 #307128

You really are one stunned bunny.

Read the whole indictment. There were no naked shorts. End of story. Urbie et al claimed that there was a massive NSS to cover up their massive dilution.

Naked shorting is a much over-hyped phenomenon and has never been a problem in pennies, as the margin cost of shorting a penny, naked or otherwise, is prohibitive. It is, however, a very popular red herring for crooked promoters to use to cover up their misdeeds.

Moreover, The risks of shorting a penny or sub-penny stock that is being manipulated by crooked promoters and/or misleading PR's far outweigh the potential rewards.

With the combination of derangement and stupidity that you exhibit, I am actually somewhat impressed that you can turn a computer on - let alone type and invest (or in this case lose) your money.