send to interested parties too
This is for anyone who actually cares about the Canadian Resource stocks (and the jobs they create) - there is a huge chance they will be hammered during this current market turmoil - not by fundamentals, but by the scum manipulators who are now being"pushed out" of the US markets. If they can "help" bring down AIG and Lehman, do you not think they could squish the TSX Venture?
Write an emal to your local MP or MP wanna be! Protect your investments! Make the naked shorts pay!
I know people in politics - they told me that they use a "times 100" rule to guage public opinion as to whether an issue should be delt with. One letter = 100 people. 10 letters = 1000 people. 100 letters = 10,000 people. 100 Letters is the sweet spot ! Politicians freak when they see 100 letters in an Election campaign.
I also sent this emal to my local MP and Jim Flaherty and will forward to the opposition:
Dear Mr. Prime Minister and Staff:
With all due respect. Canadian Capital Markets (especially the TSX Venture exchange) face a daunting crisis that directly affects the jobs of thousands of Canadians. The crisis is market manipulation primarily by sophisticated professional "naked shorters". These are the same players that essentially helped induce the current U.S. Financial meltdown - a crisis that will be felt for years. The U.S. and British governments are (too late) putting in measures to stop this market manipulation. It is your duty to Canada to make a firm statement that your government will immediately take measures to protect the integrity of the Canadian stock markets! It is your duty to simply imply that you have advised the TSX, the TSX Venture and related regulators that you will no longer accept market manipulation!
Mr. Prime Minister, NOW is the time to simply make a statement (not just for the public financial stocks) but for the thousands of small resource companies that are literally being hammered by manipulation. Be warned, the "professional" hedge funds and unscrupulous brokerage houses that rely on "manipulation" for their profits are RIGHT NOW being "pushed" out of the U.S, and British stock markets. Mr. Prime Minister, YOU can not risk allowing these "firms" to further focus their manipulation of Canada's markets, if they do the TSX and the TSX Venture could drop another 1000 points come election time. Thousands of jobs will be lost. It will not end well.
You have the power to do the right thing, please do it.
Yours truly,