RE:RE:RE:RE:RE:Massive manipulation/shorting continuedFordster,
You have gone beyond youre usual pumping and rah rah rah.
You are promoting the US OTC aka the pinksheets as a viable and elgitimate exhange. It is amything but!!!! That is well known.
For all its faults, the TSXV is head and shoulders above pink sheets in terms of transparency, liquidity and regulation.
The short sales you see on OTC are MMs selling above TSXV offer price who then cover on TSXV. On their books they are flat, but technially takes time for that to happen on exchanges books (there are different transfer agenst/settlement provisions of US vs CDN exchanges).
As for savecanadianmining, their main grief is the removal of the downtick rule for shorts. I agree with them for anything listed on TSXV and anything listed on TSX with mkt cap less than $200M. There are a ton of algos that short in very small amounts. It hurts share price and technicals. And for an industry that needs to raise money constantly, it is a kiler on dilution. As for naked shorting, very touch to do in Canada and will be close to impossible once 1 day settlemnt rule comes in. On pink sheets, regulations are very weak and the MMs basically rule the house....to their benefit.
Why are you so fixated on a sham so called exchange like the pink sheets??????????????????????????????????????
fordster wrote: We've gone through this before with the other bashers...and naw, I'm not going to disrespect our board by playing your tit-for-tat. When I don't reply it's simply to spare everyone else. You see, you must have the last word...it's necessary for your existence: and your last word must sound highly intelligent.
BLATHE on....I'll stick to my otcshortreport for our direction...BTW, I'm pretty sure "SaveCanadian Mining.com is in disbelief that someone "so intelligent " would be saying the TSX is translucent!