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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. Posts: 4381 | From: houston | Registered: Mar 2006
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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.
Posts: 1254 | Registered: Aug 2005
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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 .
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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.
Posts: 406 | Registered: Oct 2005
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Holy Moly..... to think we (MM's and us traders) control the future of mankind, as we know it, with our penny stocks.
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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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.
Posts: 49 | Registered: Jun 2006
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LMAO! The scum always rises, doesn't it.. LOL
-------------------- "As long as there are dreamers, there are dreams that will come true." Posts: 862 | From: CT Yankee..... in FLA | Registered: Aug 2005
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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].!!
Posts: 188 | From: MISSOURI | Registered: Jul 2005
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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 ]
-------------------- Buy Low. Sell High. Posts: 10750 | From: The Land Of The Giants | Registered: Feb 2005
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