And here's one last note for you who believe you are

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Big Tuna

And here's one last note for you who believe you are fighting a fair fight in engaging the bashers. This is also from another friend of mine. Read it and hopefully those of you still engaging the criminals on the iScam board will learn.

The study of Internet bashers and how they’re paid and who defends them when they obviously get sued in libel and defamation cases is fascinating to say the least.  If you think of their aiding and abetting role in terms of primary and secondary frauds you might be able to gain insight into how critical their role really is in perpetrating abusive naked short selling frauds.

In abusive naked short selling crimes the primary fraud is typically ILLEGALLY accessing the “bona fide market maker exemption” from needing to make pre-borrows or “locates” before making admittedly “naked” (no borrow involved) short sales.  The nonstop selling of NONEXISTENT shares without ever covering both establishes a naked short position and SIMULTANEOUSLY monetizes it because all delivery failures result in the crediting of the brokerage accounts of the investors being defrauded with readily sellable “security entitlements” EVEN IF THAT BEING SOLD IS NEVER DELIVERED.  The supply and demand interactions still determine share prices via the “price discovery” process in all markets it’s just that the “supply” and “demand” variables can be grossly manipulated in order to grossly manipulate share prices.

The primary fraud results in the gross manipulation upwards of the “supply” variable.  Once that “supply” variable has been manipulated upwards then the question becomes what can these crooks and their accomplices do to enhance the prognosis for the ILLEGAL negative bets they have placed.  This is where the “secondary fraud” comes in.  The goal of the “bashers” is to get a certain percentage of the purchasers of BOTH the legitimate and NONEXISTENT shares to sell that which they purchased.

In unmanipulated markets with no naked short position (no extra “supply”) there is a constant attrition going on in which the buyers of legitimate shares periodically must sell their shares in order to gain liquidity for a variety of purposes. This puts a “natural” dampening effect on share prices.  In MANIPULATED markets the primary and secondary fraudsters not only jack up that “supply” variable they also jack up the “natural” percentage rate of those opting or being coerced into selling.  This is typically done by making a variety of misrepresentations in order to introduce “FUD” which is Fear, Uncertainty and Doubt.   Thus it’s a one-two punch phenomenon.  First you manipulate up the “supply” and then you manipulate up the percentage of the purchasers of all of those real and fake shares choosing to sell their shares.  Another goal of the secondary fraudsters is to dissuade buying in the first place.  This manipulates downwards the “demand” variable which is also part of the price discovery process.

It’s the synergies that need to be appreciated.  When you can SIMULTANEOUSLY manipulate upwards the “supply” variable and downwards the “demand” variable while at the same time manipulate upward the percentage of those opting to sell then you’ve got a well designed “fraud on the market”.  It’s all about designing a self-fulfilling prophecy.  If you just keep committing both the primary and secondary frauds you’re usually going to be able to route the money of both the purchasers of legitimate and fake shares into your wallet. 

In our corrupt clearance and settlement system delivering that which you sold has been DISCONNECTED (the great “disconnect”) from gaining access to an investor’s funds.  All you’re asked to do is to collateralize the monetary value of your failed delivery obligation in a daily marked to market fashion.  Thus as the share price predictably spirals downward from creating this self-fulfilling prophecy the collateralization requirements also spiral downwards and the money of the purchasers of both legitimate and fake shares predictably flows into the wallets of the primary and secondary fraudsters.  This is not rocket science!

But what about the First Amendment rights of bashers to “freedom of speech”.  During the commission of a crime there is no implied right to “freedom of speech” as in yelling “fire” in a crowded movie theater.  One of the saddest parts of this crime wave is that the people in our society that cannot see through the efforts of the secondary fraudsters like the young naïve investor or the elderly investor are the least able to afford being stolen from.

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