The SEC Wants “Comments” On Their Five Short Selling Proposals, Fine Here’s My Five:
Posted by Timothy Sykes on Thu 9th of Apr, 2009 08:05:02 AM
Tags:
First, if you don’t know the issue, this Marketwatch article gives a good overview.
OK, here are my comments:
1. The SEC has never been, nor will it ever be, about providing true market justice, they’re a tiny organization trying to regulate the greediest, most manipulative industry in the world & all they can do it through is by instilling fear and scapegoating what the dumb masses doesn’t understand. I tip a hat to you SEC, you’re doing a fine job, judging by the sales, or lack thereof, of my ShortStocking instructional DVD which teaches Short Selling strategy, very few people understand or even want to understand how to short sell.
2. Listen to THIS guy, ironically whose initials are J.C., he knows more about Short Selling than the rest of the world combined…infinitely smarter than the entire 800 person SEC staff combined.
3. Do what you gotta do SEC et al, as I preach in my ShortStocking DVD package, anybody who specializes/partakes in Short Selling knows the entire world is against them, no matter if the entire world is wrong (as usually happens in this biz). Successful short sellers are the smartest and sharpest around, we can adapt to anything you throw at us.
4. Unless the SEC has been taken over by scoundrels, they’re on my side when it comes to exposing fraud and pump and dumps…my strategy is left untouched, thank you very much!
5. New Short Selling restirctions are gooood! Propose all the rules you want, create more short squeezes, I short sell into forced buying and hype/manipulation…the SEC/government are some of the greatest manipulators around, you guys should be getting paid much more for your work, you guys should even get paid by or have stakes in the companies/carcasses you help prop up…oh wait :)
TIMstore Monthly DVD Specials:
See all TIM DVD specials HERE
Related Reading
-
otss
-
otss
TIM Trades
View All| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| Nov 19 | AENY | $2.80 | $3.02 | $1148 |
| Nov 18 | NLST | $4.16 | $4.40 | $947 |
| Nov 18 | IMGG | $1.42 | $1.64 | $2094 |
| Nov 17 | NLST | $5.04 | $5.59 | $2195 |
| Nov 13 | VRMLQ | $21.50 | $22.97 | $2901 |
| Nov 11 | EONC | $2.61 | $2.80 | $687 |
| Nov 10 | EONC | $2.74 | $3.36 | $9784 |
| Nov 6 | QXM | $4.31 | $4.80 | $1936 |
| Nov 4 | COT | $8.66 | $8.88 | $642 |
| Nov 4 | QXM | $4.61 | $4.89 | $822 |
| Oct 30 | DDRX | $25.70 | $26.53 | $812 |
| Oct 29 | CTDC | $4.00 | $4.42 | $781 |
| Oct 26 | AWSL | $3.24 | $4.10 | $2516 |
| Oct 23 | RODM | $5.27 | $5.23 | $301 |
| Oct 22 | AMLM | $2.69 | $2.97 | $820 |
| Oct 22 | USEG | $6.12 | $6.09 | $85 |
| Oct 20 | CBOU | $8.93 | $9.06 | $243 |
| Oct 16 | VRMLQ | $16.79 | $18.65 | $2773 |
| Oct 13 | YONG | $11.05 | $11.66 | $1202 |
| Oct 13 | NPHC | $0.59 | $0.71 | $583 |
| Oct 12 | IMGG | $0.60 | $0.70 | $682 |
| Oct 9 | ZAGG | $5.50 | $6.10 | $2380 |
| Oct 7 | GVBP | $0.03 | $0.27 | $702 |
| Oct 1 | NPHC | $0.70 | $0.85 | $1482 |
Total: $98,094 (681%)
