12-01-2012, 04:28 AM
HEAR, HEAR, admin!!! A very accurate statement of my own extremely strong views, except for one word: semi-legal. Naked shorting is illegal, or at least forbidden by regulations, I'm pretty sure, although I have not personally researched that. However, based on my personal research, deliberately "misleading" investors in order to influence or manipulate the price of a stock for personal benefit is forbidden by the Securities Exchange Act of 1934 and therefore in violation of securities laws, illegal, period, plain and simple; and there is no doubt that is going on and has gone on for years with IOC.
I LOVE the idea from kommonsents of filing a shareholders class action lawsuit against those sorry scum low-lifes. I'd be glad to be one of the names represented in the suit. I wonder if that would be practical and get enough participation. I'd bet we could get a firm to take it on for a contingent fee.
I LOVE the idea from kommonsents of filing a shareholders class action lawsuit against those sorry scum low-lifes. I'd be glad to be one of the names represented in the suit. I wonder if that would be practical and get enough participation. I'd bet we could get a firm to take it on for a contingent fee.