TSXV:AUN.H - Post by User
Comment by
Banman17on Dec 23, 2007 1:47pm
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Post# 14118117
RE: Just listened to a program all need tohear
RE: Just listened to a program all need tohearHi Coswill,
I listened to the 3rd hour on Financial Sense Online and agree with you that Aun is the victim of illegal naked shorting. It has all the characteristics of it, as outlined on the show. I am thinking that there is a number of things we need to do to get Aun out from under this illegal position which was executed more than likely by hedge funds wanting to make, as usual, higher than normal profits. First, here's a copy of the summary on Naked short selling to read provided on the Financial Sense Online website:
https://www.financialsense.com/fsn/2007/NakedShortSelling.pdf
Second,we need to inform IR as Coswill said, since any naked short selling is illegally diluting shares, using counterfeit shares, so they can take some legal action to get rid of this problem.
Banman17