Replies to post #30138 on One Step Ahead

[zeninvestor32]

EXACTLY AS I WAS SAYING

Thanks for the article Ignutz. As I said (and was chided for), SHO is little more than window dressing. imo it was a deal for shorters. shorts will have to eventually cover but they will have a very long time to do so imo. i believe the SEC will come out with new revisions to SHO later this year or next year after they've "accumulated data" and then we'll see the next round. Each round will get a little bit tighter imo and force a little more covering, but the end result will be the shorts will have years and years to probably correct the naked shorting, and they'll be able to do so without ever having lost much money imo. sad, but that's the way it will go imo. at the very least, I do believe that 5 years out from now, naked shorting will be a much, much, much more difficult task for shorts and hedge funds and retail investors will get fleeced a little less overall than they do today.

The bottom line is the whole thing is just disgusting but that's life. SHO is BS imo and i think Roger probably knows that too and has coordinated around it.