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Sportsjunkie

03/17/05 11:15 AM

#9 RE: FinancialAdvisor #8

did not say it was a not good business decision,but
until their is fair and complete disclosure of information
on both sides of the game,it does not make it right...
they make company report their filings and any changes or corporate news and earnings or selling of shares,but when it comes to short information,now all of a sudden we have little secret society of hush hush on the info...

not only is the system not fair for traders not to know the short position,the manner in which the shorts are taking place are also illegal..shorting in principle is to take place on upticks,they are not allowed to force stocks down in manners to further increase their shorts...
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Sportsjunkie

03/17/05 11:22 AM

#10 RE: FinancialAdvisor #8

one other thought on this subject..years ago they did away with early release and made all news system dispearse the news at one time and opened conference calls to all the investor..
they have gone out of their way to make the fascade that they have opened up the market place for all,when in fact shorting the otc land is still held for the few and the select that have access to these brokerages accounts that will allow you in the united states or the special privilidge of being a foreigner,which in bush's theory of the patriot act could get you in trouble if you took a vacation here..lol

in my opinion if you allow shorting to the few,than you should open up shorting to all online firms and let the small investor have the same opportunity to short a pos that moves from .20 to 10.00 and have the same risk as the few..

EQUALITY...