Two questions, Mr. Ramjet: 1. Beyond the obviou
Post# of 148697
1. Beyond the obvious reasons some BP or hedge fund might short or nakedly short CYDY - they want to either destroy us or get us cheap - can you think of any other reason why some trader(s) or entity puts so much pressure on a 15 cent stock?
2. Besides announcing a partnership or other great news, is there any way CYDY can combat this daily beatdown? Can our CFO get the attention of some SEC-like agency, some kind of regulatory overseer to stop any naked short selling?
And I really don't get this naked thing at all. How can someone call up their broker and say "sell 1 million CYDY shares" without either having the shares or borrowing the shares? Are brokers not held to any penalties (jail time) for inflicting such financial damage on companies and investors?