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Micro Penny Stocks, Penny Stocks $0.10 & Under
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No evidence of extensive “naked short selling”???
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[QUOTE]Originally posted by 7 of 9: [QB] NSS. I think mms use nss all the time. Nasdaq says that 99% of dollar volume is OK but: pinks have very little dollar volume, due to the pps the SEC does not police pinks. they never say they do. they dont police the OBB either. we are on our own. go to the sec website and they will tell you: do not buy OTC stocks or any under $5. therefore, the sec doesnt know or care what happens on the pinks. how can the goverment police people that never file? dilution: pinks dont file, so they dont file when they print 1B more shares, and sell them that same day in order to make payroll, which is only the CEO. i dont believe even that the x-fer agent knows the correct amount always. they just sell 1B shares and call the x-fer later, if ever. bottom line: nss works and makes money so mms will do it if they can get away with it. my thesis is that they always do bcs. the sec doesnt care. pinkies are the scum of wall st. 7 [/QB][/QUOTE]
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