SEC File No. 4-500. Request for Rulemaking Regarding Member Records of "Short" Positions and Reporting and Public Dissemination of Aggregate Positions by Security
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You will recall I posted a sample email here, as did another.
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Active on other political fronts, just tired of being caught in pink sheet scams. The market regulators need to earn their name. We investors need to stand up. This effects small businesses as well as small investors. No wonder most small businesses end up in bankruptcy.
It wasn't that those old Indians had such bad immigration laws, It's just that you European wetbacks came in such vast numbers, the Sioux and Comanche border patrol couldn't keep up.
quote:Originally posted by Purl Gurl: An Open Letter To Illegal Aliens
It wasn't that those old Indians had such bad immigration laws, It's just that you European wetbacks came in such vast numbers, the Sioux and Comanche border patrol couldn't keep up.
No, I missed his open letter, darn!
good image, too...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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I've often entertain a fantasy of time travel.
My wish would be to travel back in time before Anglos came to America, tell all tribes about what is to come, help them organize, help to defeat Anglos as they came ashore on the east coast, and help defeat Spanish explorers coming up from Mexico.
Imagine, all of today's America, still natural, pristine, and in the hands of true Americans.
Never would work, Europe would declare war on us.
Makes for great fiction story writing, though!
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Reminds me of the television series Kung Fu starring David Carradine as Kwai Chang Caine.
In an episode, Caine catches arrows shot at him by Indians. The Indians are so impressed they decide to allow him to live, after cutting his hands off.
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As a small investor, I am extremly concerned with the current practice of "shorting" stocks for the purpose of making a profit by manipulating the price of a company. Not only does this effect the investor, it effect the companies being shorted. How can a company or investment survive when their stock can be shorted to the point that it is worthless? A savings account or business employing citizens is bankrupt so a handfull of people can profit. That is an outrage! Why do stocks appear on the SHO list for weeks without action?
"The primary mission of the U.S. Securities and Exchange Commission (SEC) is to protect investors and maintain the integrity of the securities markets." This is on the SEC main page. Where is the integrity and protection?
A prime example is the current situation with GVRP. Here is a company that completes a reverse split to remove all the shareholders. Then GVRP follows that with a forward split to allow them to sell shares they have stolen from original investors. In GRVP's greedy haste, they sell before the forward split is effective. Now there are many investors holding pre-split shares that are owed (and overdue) post split shares. To date the SEC has done nothing to protect the investor. Until the SEC forces a distribution of the shorted shares and a buyback by GVRP (or simple a settlement), the DTCC will not force the payment of overdue shares. Many investor accounts have been frozen until a resolution is at hand. We are screaming for our "protection" that is the SEC's mission. Please act on this issue and enforce the rules in effect to protect other companies and investors from being "shorted" out of the market.
Lets make all of the securities secure and allow free trade to adjust the market prices.