Allstocks.com's Bulletin Board: Hurray for the SEC..... Down with the M.M......

This is topic Hurray for the SEC..... Down with the M.M...... in forum General Investing Topics at Allstocks.com's Bulletin Board.

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Posted by invester on :

There has been massive manipulation by MM, and insiders buying there stock low, selling it high, shorting high, then covering low. You will see these stocks run up, then a MM will just put a stop to it. He has sold all of his position, sold short, and needs it to go down. It's the biggest manipulation out there. Starting July 4th, short sellers of pink sheets will have to start reporting. This will almost certainly let pinks have a fair and orderly market. Hurray for the SEC. It is about Blanken time. [Smile]

Posted by keithNJ on :

thank god, finally .. i think xkem could be a prime example of mm b.s. !!

Posted by bmorestocks on :

XKEM isn't a pink. But yeah, down with MM manipulation!

Posted by Rules on :

Short sellers of pink sheets should not be allowed......period. Forget the whole reporting crap. Naked short selling should be illegal. Look what happened to DDSI and yet no one paid for that other than the investors.

Posted by Intimatrader on :

I say we throw a party . On july forth we all buy packs & packs of candy { m&m's } .....then we crush them in our hands , throw them on the ground and run over them with our vehicles { soon to be replaced by new vehicles - as we make money in stocks } then let our dogs eat the smushy pile of mm's and crap them out in the cutter like the chit-heads that they are .

S.E.C. .....Share holders Entitled 2 Cash [Big Grin]

Posted by invester on :

[Smile]

Posted by jdg257 on :

Dont worry the SEC doesnt care about pennies and especially pinks. All they care about are hedge funds. Naked short selling has been going on for so long that if all shorts had to cover, every brokerage would go out of business and the market would be left in shambles. The economy of the US would tank, the dollar would be worthless, and every US bank would fail. Our weak and vulnerable country would be easily taken over by communist China and we will all become slaves to the Chinese. A second superpower will emerge and WW3 will become imminent. AFter the great war the world will be destroyed by nukes and bombs as all human life will eventually die off. AFter 1 million years the cycle of life will once again start over as amoeba and bacteria start to form the next human race.

Now is that waht you want invester? Geez think about your posts first and the consequences please.

Posted by Superbee383 on :

Holy Moly..... to think we (MM's and us traders) control the future of mankind, as we know it, with our penny stocks.

Posted by 32counter on :

Everyone knows MM's and cockroaches would survive a nuclear holocaust. They will simply wait around and start naked shorting the next unsuspecting amoeba who invests in bacteria.

Posted by Superbee383 on :

LMAO! The scum always rises, doesn't it.. LOL

Posted by A.J. on :

No - scum does not rise - it eventually sinks to the bottom - It's whip cream that floats to the top.
LET'S CREAM 'EM [MM'S].!!

Posted by Peaser on :

There's a Naked Short selling article in the Wall St. Journal(Pg C3) today along with Forbes online http://www.forbes.com/columnists/2006/07/11/leadership-harve-pitt-cs_hp_0711cove ringupnakedshorts.html

Looks like the SEC is getting a little pressure finally from some state representatives.

There is talk of ending the Market maker's ability to naked short stocks as I believe this is the only legal way to do it.

Here is a good read as well for those that don't quite understand the topic:

http://www.fool.com/news/commentary/2005/commentary05033008.htm

The potential problem is that unscrupulous folks could potentially register as market makers to take advantage of the exemptions. (Do you want to be a market maker? Go here for an application! It's not a rubber-stamp process, but it's not as hard as you might think.) Right now, "bona fide" market making is judged by the individual transaction rather than by the individual market maker, so no market maker gets a blanket exemption, but any market maker -- even the ones posting $0.001 bid/$10,000 ask spreads -- get a pass in the right circumstances. It's a situation that seems to hold potential for mischief.

I do not cheer for the SEC.

I cheer for the ones that add pressure on the SEC to fight against Naked Short Selling.

[ July 12, 2006, 08:59: Message edited by: Peaser ]