RE: Posting how much we each own...No worries Patriot, I don't see it as potential risk.
The number of shares we "posters" submit here will only be a fraction
of the total sum of all the "readers" of the EGX posts who owns EGX shares.
My idea was simply to get to know how many real EGX minority
shareholders are here.
It's good for new EGX board visitors to get to know who they can
trust and who they should put on ignore and not reply to.
Some bashers are/were here to try and bring down the share price for
some reason and I believe That "someone's reason" is naked shorting
of EGX shares.
Why does some spend so much time and energy to try and bring down a stock?
Are the bashers nice people? bashing EGX here to warn you for something?
The answer is: No my friend, the bashers have a purpose, and the
underlying facts are very disturbing!
Naked short selling:
Whith an investigation from OSC, BCSC, RS and US SEC coming up,
I would also be scared if I had done something illegal like naked
shorting (if I were the broker who's naked short of course).
A broker/brokerage company in such awful situation must either buy
back and cover, or his/her broker license or the brokerage company's
licenses will be revoked and there will be criminal charges.
I reported my suspicions to OSC, BCSC, RS and US SEC and hope that
more will file complaints on suspected naked shorting.
Someone have/is illegally naked shorted EGX, and not reported it accordingly.
On the positive side:
Short Squeeze!
There won't be as many sellers as they need, when they must buy back
and cover!
Price of EGX goes back up to its fair market value, way over $.90!
The upper trend-line in this chart shows that EGX should soon be
around $2.00
Bad news for illegal naked shorters!
Good facts for Real Long EGX Minority Shareholders!
That's why I wanted to "map" this board, so that new potential EGX
investors know who to trust and who to ignore.
IMO
All the Best! /W