I didn't really read it. I assumed it was tool to
Post# of 96892
Posted On: 04/20/2016 12:30:09 PM
Re: SilentPartner #58022
I didn't really read it. I assumed it was tool to interpret the rules out out by the SEC.
My thoughts are that the SEC isn't going to change the rules anytime soon.
They let the MM's do their thing as a trade off to maintaining some semblance of order in the scam prone "wild west" of the stock market, even though the MM and their cronies seem to be running the biggest scam of them all.
I guess I figure that it is going to be up to NTEK to rise above the cesspool by doing all of the things a company needs to do to avoid being a good target for the shorts.
I think they are trying to do just that. Thank God the company has a dedicated bunch of shareholders. I think that does a lot to curtail at least some of the mischief, though not nearly enough.
You can't shake shares loose to cover if enough people are willing to hold on to them. That creates a pretty big risk for those who want to try to naked short this stock.
Also, denying those folks any actionable information helps as well, even though it drives some shareholders understandably crazy. Another facet that adds to the risk of creating naked shares for this stock.
I do like the idea of utilizing the tracking tools being mentioned here if they truly work.
Anything that raises the risk of illegally shorting this stock, be it financial risk or the possibility of legal action against the folks behind stealing honest investors money. JMHO.
My thoughts are that the SEC isn't going to change the rules anytime soon.
They let the MM's do their thing as a trade off to maintaining some semblance of order in the scam prone "wild west" of the stock market, even though the MM and their cronies seem to be running the biggest scam of them all.
I guess I figure that it is going to be up to NTEK to rise above the cesspool by doing all of the things a company needs to do to avoid being a good target for the shorts.
I think they are trying to do just that. Thank God the company has a dedicated bunch of shareholders. I think that does a lot to curtail at least some of the mischief, though not nearly enough.
You can't shake shares loose to cover if enough people are willing to hold on to them. That creates a pretty big risk for those who want to try to naked short this stock.
Also, denying those folks any actionable information helps as well, even though it drives some shareholders understandably crazy. Another facet that adds to the risk of creating naked shares for this stock.
I do like the idea of utilizing the tracking tools being mentioned here if they truly work.
Anything that raises the risk of illegally shorting this stock, be it financial risk or the possibility of legal action against the folks behind stealing honest investors money. JMHO.
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