Replies to post #71095 on 8000 Incorporated (EIGH)

[janice shell]

When you say "not so", are you basing that on any actual knowledge of how the process works?

[Coopermun]

It wasn't theorhetorically speaking, it was fact as explained in the original post.....

The Broker did have so many clients in on this genius idea to keep shorting down to oblivion with all his clients accounts, he had to reject his clients pleas to cover, that he couldn't afford to start buying. It would adversely affect all his other accounts. He's still real and out there....be careful. Anyways, not all this broker's clients even understand totally what they were in for.....

You think pennyland scams are good, try an aggressive broker know-it-all who knows how to get the approval eventualy from their clients. Ever watch "Boiler Room" I suggest tonites movie of the week if some of you think your broker is such an angel.....you'll especially love the part about the industry's slogan about women clients;

"Don't pitch the Bitch."

There's plenty of agendas to go around........and when brokers swap short positions over night, they avoid these REG-SHO lists report requirements......

They've been doing it since REG-SHO started to cover the $400 M + in Naked Shorts that could never be covered......early this century.

REG-SHO was to solve that problem of what to do with this pile of sh**ts, I mean shorts and so the LAW allowed them through your Law makers in Congress to just pass it on, stinkie and all, everynight from one MM to another I have no clue for how long, years. To me, the most incredulous part is the explaination for this REG-SHO exception for over $400M of shorts not to be covered was;

"Because we don't want to create an artificial short squeeze....."

Can you believe that but shorting to death is ok?

Point is when my Broker, Walter, the real guy, not rhetorical, called to get the several $100k he lost in my account leaving me with a negative balance well over $100k, I told him I had no assets that were liquid or even attachable by him legally and thinking about it today, now, I have just had an epipheny that I was an unwilling naked shorter at that time and I ain't the only one out there.........

My agenda is so clear. I own and I was born on the day Patrick Henry said those immortal words....."I don't know what course others may take, but as for me, give me dividend or give me my shares....."