Posted On: 06/22/2016 11:48:19 AM
Post# of 72443
Getting the Ashcroft firm to take this was a brilliant move. They have the connections to bring this to the attention of the right people in government. IF the SEC wants to actually pretend to be doing something about the rampant fraud in U.S. markets, this is the perfect case. They can go after the smaller players like Rosen and Mako (leaving the real big players, and market makers who make this possible like the one daydreaming2 has identified) untouched.
Just imagine if the Wall Street Journal or NY Times writes an article about a small company refusing to be greenmailed, but fighting back instead. Think of the number of people who will find out about CTIX and how grossly undervalued it is -- the short squeeze would be magnificent to behold.
And hopefully it would make the ambulance chasers more careful about who to target. But to get rid of this problem is going to take major reform at the SEC -- to get them to enforce the laws as currently written; and in Congress, to get them to pass laws that make it easier to go after these crooks.
For starters, how about showing the REAL total short interest EVERY DAY, instead of twice a month? If they can do it twice a month, they can do it every day. But they don't, because it would be harder for the crooks to manipulate if we could see the real total short positions every day.
Just imagine if the Wall Street Journal or NY Times writes an article about a small company refusing to be greenmailed, but fighting back instead. Think of the number of people who will find out about CTIX and how grossly undervalued it is -- the short squeeze would be magnificent to behold.
And hopefully it would make the ambulance chasers more careful about who to target. But to get rid of this problem is going to take major reform at the SEC -- to get them to enforce the laws as currently written; and in Congress, to get them to pass laws that make it easier to go after these crooks.
For starters, how about showing the REAL total short interest EVERY DAY, instead of twice a month? If they can do it twice a month, they can do it every day. But they don't, because it would be harder for the crooks to manipulate if we could see the real total short positions every day.
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