RE:RE:RE:When it comes it's gonna be big $$$$ It is quite shocking how it is not regulated. Shorting is bad enough.. but.. toss in "Naked Shorting" which is failure to deliver which I deem counterfeiting!! I was one of 40K shareholders who partook in a certificate pull which was the largest ever by a shareholder group. CMKX story.. It was one of my first stocks.. I was fortunate enough to get out with a profit but what was done to that company as well as over 7000+ others with this nefarious criminal practice done to shareholders by explecatives in pin stripes?
So much potential capital lost on companies who were destroyed by this practice.
Not all companies were on the up and up of course but many were destroyed by naked shorting.
I learned a great deal by some intelligent individuals.. I watched many die waiting for the big pay day for fines to be paid by Wall Street that never game.. It was awful. A book was written about it
"The Naked Truth" CMKX promoted on the NHRA drad racing circuit to promote.. It was one hell of an educationn I tell ya.