Replies to post #128994 on Sarissa Resources Inc (SRSR)

[asegal1228]

That's certainly not referring to pinksheet garbage. Even the Europeans cannot short pinks in any significant quantity.

IMHO

[es1]

Well this story is not about OTC companies or big boards. But I do agree with your statement

Seems Europeans KNOW that the faux "transparency" being provided by the SEC and FINRA's flagrant eyewash... is fraudulent... and they're expecting U.S. regulators will "push back" and lobby to sustain the lack of transparency in reporting that enables the institutional practice of fraud against investors on trades completed in the U.S. ?

I think most would agree that the "transparency" In the market in the USA is fake.
and yet every day we see

FINRA short sales for SRSR
20130129|SRSR|20900|0|547353|O
3.8% of today's volume was short sales!
Go SRSR!!!

Isnt it hypocritical to post this "transparency" as actual information about SRSR but then claim that any stat disproving it is "faux transparency".

IMO both are completely false.

So why would ANYONE post FINRA short sales for SRSR ?

The only reason to post FAKE facts is to falsely support a belief that there is a short squeeze.

Secondly. If the lack of transparency in the FINRA info is as bad as claimed how can anyone say they have posted "proof" of naked shorts in SRSR? By default the information is faux transparency.

Transparency works both ways. If you can not see the naked shorts you can not prove they exist. If you can prove they exist you can see them.

In the end there is no short position here until it is proven otherwise. That proof will be in a short squeeze that (by all accounts here) will push the PPS to over 2000 bucks a share.
Or the lack of that squeeze.

The lack of a squeeze has already been proven.

SRSR supposedly has NSS positions from years and years ago when it was sub penny.
When the PPS went to .05 that amount of "in the red" for ANY short position would force a margin call.

That call would force buying and the PPS would soar. We have hit too many tops over too many years to have not seen any squeeze.

SRSR shorts are nothing more than a tool used to con the gullible.

And it is doubtful that any regulation will fix the market.

Others have told CNBC that a version of the rule already in place in Spain and Portugal hasn’t had a major impact.

The only thing that would fix the market is a lack of credit.
Put cash out to buy and get cash on a sell and the market would become fair. Allow people to bet on a stock dropping and the market will be manipulated always on all stocks