NO offence to any other postings, but for me, this posting by PM is the best of the day. Since I came on this board and then started to follow the SP daily, heck by the second at times, I have seen the shorters continually abuse this stock. I'm quite sure that they do this to many stocks, but I happen to hold NOT stock and this really pssses me off.
I've said in earlier postings that these shorters and broker houses who play the shorting game as a rule or a company policy, are all no better than a pack of thieves. A bay street gang, if you will....
It's the 'old boy' money and power that won't allow this criminal activity to change. And why is that ? Payoffs, obviously. Money talks and then changes into power when you have enough of it.
And what can us poor little souls do these giant cesspools ? Screw 'em at every chance you get. As it happens, my broker is one of the largest shorters, you know them. So, I don't let them see anything until the last second. Make 'em think and act quicker, that way they'll make mistakes.
At any rate, I'm all for a petition against the illegal shorting of stocks. Where do I sign ? And let's make sure that the RCMP gets a copy of it too. These shorters are, after all, federal criminals that should be tried in a federal court. What they do is no different than armed robbery.
stratopod