Re: Thought this may pertain to us
in response to
by
posted on
May 22, 2011 01:35AM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
Excellent information. No doubt I agree that those lowlifes should be severely punished for such criminal behavior. It is an outrage that the U.S. Securities and Exchange Commission, and perhaps Canadian's version too?, does not make naked short selling flat out illegal. The allowance of naked shorting is one of the things that severely damaged so many companies that were already damaged enough already during the global market crisis of 2008 ...so many saw their stock prices mercilessly pounded into the ground with the immensity of so many short sellers piling on, much like a shark feeding frenzy. Such shorters severely damaged so many companies it is absolutely SICK and DISGUSTING. Many companies were left high and dry and unable to access the credit markets and also unable to practically make a reasonable public offering on account of their severely shorted stock prices being pushed down so hard and artificially on account of such activities. It is simply a practice that is simply wrong ...period. It is no wonder then that we continuously see all of these malicious SLI bids for 100 shares popping up all of the time with no other purpose than to undermine the SLI stock price. I mean seriously .....who in their right mind would put in an order for 100 shares, whereupon the commission alone represents 5-7% of the entire transaction!!!! There is no other explanation for it, along with the rest of the obvious signs of manipulation going on with the stock. Perhaps I should buy a bunch of shares next week just to give those scumbags my middle finger and to take advantage of the opportunity that they have created for me. I will never give those criminals the satisfaction of even putting one share of my SLI up for sale ...no matter how low or volatile they try to make this stock look via their antics. In the end it won't matter anyway ...drills and trenching will tell he story. But still ...they are stealing from a lot of other unsuspecting people. And besiders, who is to say that they aren't damaging the company a fair amount outright. Without being able to get into the Amex listing sooner, perhaps it could affect final bids some. Who knows? I certainly do not claim to have the inside on that.
My2Cents