fly, maybe you outta reconsider ratboys allegiance to the naked short fan club, gives the "debate" a bad name.
Haha.... Respect is a foreign word to you mousy. You still have not said one thing of substance on this thread. This sums it up: Mouseboy: "Have you ever traded a single share? EMaverick: "Come back with something to say" Mouseboy: "I traded more on a good day then you in your career you piker" EMaverick: "Still nothing to say?" Mouseboy: "I stand by what I said, I trade more on a good day than you on your career" EMaverick: "Ok, then put some decent money on it and let's see" Mouseboy: "Nah, I'll just post this on-topic Clint Eastwood video here instead" EMaverick: "Put up or shut up" Mouseboy: "How many shares do you trade? You probably think 9/11 was pulled off by 19 Arabs" EMaverick: "Why couldn't 19 guys have done 9/11?" Mouseboy: "How many shares do you trade?" LOL
http://www.nasaa.org/content/Files/Amicus_Whistler_Brief.pdf Amicus brief b y the North American State Securities Regulators. They are arguing the DTCC is a monopoly, and by denying access to records like they claim, they are protecting Clearing Firms, and hurting consumers. Look for more like this. They are hiding the dirty truths. A company like Overstock or Taser cannot get an accurate read of fails. The DTCC does not allow it.
here you go elatedmadam, i started a thread just for you to piss on and leave this one for the topic of naked shorting: http://www.elitetrader.com/vb/showthread.php?s=&threadid=90304
http://www.ncans.net/files/SETTLEMENT.pdf facts. Just plain facts. Pay attention to the Eagletech piece. It is common knowledge they won discovery vs the SEC. What you will see next is simply remarkable.
Eagletech. The subject of that fine piece of investigative journalism from the presstitutes at Dateline NBC in 2005.
No one ever explained ETF's on REG SHO. ***************************** Amex `Threshold' Securities for March 23 (Table) 2007-03-26 11:00 (New York) By Phillip Cruz March 26 (Bloomberg) -- The following is a list of ``threshold securities'' from the American Stock Exchange, published daily in compliance with the U.S. Securities and Exchange Commission's Regulation SHO. The list consists of stocks for which sellers failed to deliver 10,000 shares or more in the past five trading days and the level of ``fails'' is a minimum of 0.5 percent of the shares outstanding. Securities are listed alphabetically by ticker. # of Consecutive Ticker Security Name Days on List ==================================================================== AAB/WS Lehman Brothers Currency Baske 144 ADH Adherex Technologies Inc 22 APE 10% SPARQS Linked to Apple Computer, Inc. 68 BZM BlackRock Maryland Municipal Bond Trust 6 CLM Cornerstone Strategic Value Fund 6 CRF Cornerstone Total Return Fund 5 CWI SPDR MSCI ACWI ex-US ETF 27 DDM Ultra Dow30 ProShares 10 DEK/U Dekania Corp 9 DFC Delta Financial Corp 16 DJL Performance Leveraged Upside Securities linke 70 DOG Short Dow30 ProShares 8 DPP Capital Protected Notes Based on the Value of 48 EBA 9% SPARQS Mandatorily Exchangeable For Common 5 EDA Endeavor Acquisition Corp 2 EKC 9% ELKS Linked to the Common Stock of Caterpi 10 FBT First Trust Amex Biotechnology Index Fund 7 FDM First Trust Dow Jones Select MicroCap Index F 18 GDX Market Vectors Gold Miners ETF 61 GLL Global Indices Basket Capital Protected Notes 41 GPR GeoPetro Resources Company 17 GVP GSE Systems, Inc 14 HCT 8% HITS Based on ConocoPhillips Common Stock 1 HPM Bear Market PLUS Based on the Value of the PH 62 IBB iShares Nasdaq Biotechnology 15 IIG iMergent, Inc 126 IMX Implant Sciences Corp 7 IOC InterOil Corporation 140 JRS Nuveen Real Estate Income Fund 6 JSC SPDR Russell/Nomura Small Cap Japan ETF 26 KBE KBW Bank ETF 8 KRE KBW Regional Banking ETF 41 LDB Strategic Return Notes Linked to the Industri 167 LXU LSB Industries, Inc 9 MCB BRoad InDex Guarded Equity-linked Securities 12 MII MicroIslet, Inc 7 MYY Short MidCap400 ProShares 22 MZZ UltraShort MidCap400 ProShares 56 OIH Oil Service HOLDRS 6 PCA Putnam California Investment Grade Municipal 1 PED SmartPros Ltd 9 PGF PowerShares Financial Preferred Portfolio 20 PSL PowerShares Dynamic Consumer Staples Sector P 2 PSQ Short QQQ ProShares 1 PUI PowerShares Dynamic Utilities Portfolio 4 PWY PowerShares Dynamic Small Cap Value Portfolio 4 PZD PowerShares Cleantech Portfolio 1 PZJ PowerShares Zacks Small Cap Portfolio 10 QLD Ultra QQQ ProShares 17 RTH Retail HOLDRS 12 SDS UltraShort S&P500 ProShares 12 SH Short S&P500 ProShares 37 SHJ/U Symmetry Holdings Inc 6 SMH Semiconductor HOLDRS 15 SND PLUS linked to the S&P 500 Index 7 SPY SPDRs 3 SSO Ultra S&P500 ProShares 10 SVE 9% SPARQS Linked to Valero Energy Corp. 31 TLT iShares Lehman 20+ Year Treasury Bond Fund 12 TVH/U Media & Entertainment Holdings, Inc 4 URZ Uranerz Energy Corporation 37 USO United States Oil Fund, LP 12 UTK UTEK Corporation 6 VAW Vanguard Materials ETF 15 VEU Vanguard FTSE All-World ex-US ETF 3 VOE Vanguard Mid-Cap Value ETF 2 XBI SPDR S&P Biotech ETF 17 XHB SPDR Homebuilders ETF 36 XLE Select Sector SPDR-Energy 2 XLF Select Sector SPDR-Financial 24 XLI Select Sector SPDR-Industrial 16 XLU Select Sector SPDR-Utilities 4 XLY Select Sector SPDR-Consumer Discretionary 3 XME SPDR S&P Metals & Mining ETF 16 XRO Claymore/Zacks Sector Rotation ETF 2 XRT SPDR S&P Retail ETF 47 XSD SPDR S&P Semiconductor ETF 2
Below is a link to a slide show presentation that I thought explains NSS in good detail and how deep and ugly it really is. http://www.businessjive.com/nss/darkside.html Forgive me if this has already been posted. I unsubscribed to this thread when it turned into a pissing contest.
This slide show was obviously created by Patrick Byrne, OSTK CEO. So there is an inherent bias to the presentation to promote his views. For example, always using a grandmother as the person being screwed over is a classic example of things that make me go "hmmmmm" (for example, flytiger continually has a fascination with using "grandmother" in his posts). The presentation is informative, but doesn't seem to be any different than points already presented here. Again, naked shorting should be abolished, but I can't take much that these guys say at face value.