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Toxic Avenger

11/15/10 2:19 PM

#165684 RE: AlanC #165683

"Criminals do not generally report their crimes."
That's true, but in the case of the FLD scheme, they sure went out of their way to make it easy for the SEC and DOJ to identify theirs.
"Although some short squeezes may occur naturally in the market, a scheme to manipulate the price or availability of stock in order to cause a short squeeze is illegal."
http://www.sec.gov/spotlight/keyregshoissues.htm
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Proverbs 3/5-6

11/15/10 2:49 PM

#165694 RE: AlanC #165683

Agreed. We do not know the true number of shorted shares. We will find out how deep in the hole some people are when this squeezes.

Good to see you back Alan!