We also need to be vigilant to keep an eye open fo

We also need to be vigilant to keep an eye open for any possible naked short selling schemes by foreign hedge funds or those firms not settling and clearing with the DTC. If you think that NSS is not rampant, especially in hot penny stocks ramping up business looking ready to have massive stocks gains, then you may be kidding yourself. Its long but if you have time, be sure to watch the multi-part series starting with the first part below on youtube which gives a primer on the mechanics of naked short selling and the risks.

Also read my earlier post about Thursdays "trading" action. We should all remind ourselves that illegal share price suppression does happen, especially in the pink sheets market, with crony firms naked short selling millions of counterfeit share IOUs to investors with every share they buy to get into the stock and these all of these trades may never settle and wind up as just FTDs in the secret black little books of broker/dealers (cough**cough** ETurd, TDA, ScottT, cough** excuse me..). I am not saying definitively that this happens but you can be the judge on if it is possible and it can raise ones curiousity when we see massive volatility in the PPS and increased volume yet half of the total daily volume turn out to be short sales. Because the DTC has a "chill" (T4T) on the RFMK stock, there mysteriously is no longer any biweekly FTD report. Hmmmm

http://investorshangout.com/post/view?id=159653