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Toxic Avenger

12/20/11 5:23 PM

#25522 RE: WhisperingBomb #25519

Remember, we've disproven the NSS theory several times.

- it's illegal. No MM or hedge fund would risk their entire business on a thinly traded pinkie like GOSY. If they could create counterfeit shares that easily, they'd pick a stock with some volume and buying interest.
- GOSY changed the stock symbol to expose NSS. The price declined, and volume stayed low.
- GOSY claimed a NOBO/OBO list showed naked shorting. Again, no increase in price or volume.
- GOSY issued 60% of the float to a stock promoter. That seems far more likely to be the cause of the price decline.
- GOSY has had no revenues in years and lost $8 million since it started. It's valuation at over $2 million seems more likely the result of pumping than of short selling.

And of course, we have the SEC warning.

"There also may be instances where a company insider or paid promoter provides false and misleading excuses for why a company's stock price has recently decreased. For instance, these individuals may claim that the price decrease is a temporary condition resulting from the activities of naked short sellers. The insiders or promoters may hope to use this misinformation to move the price back up so they can dump their own stock at higher prices. Often, the price decrease is a result of the company's poor financial situation rather than the reasons provided by the insiders or promoters."