Wednesday, May 16, 2012

Naked Short Selling exposed

Click on this link for the full article in Rolling Stone magazine.

Naked Short-Selling exposed

Most financial consultants, advisors, brokers, money managers and general financial ilk in the media have little to say about naked shorting.   They don't get it, don't care and are generally clueless.  Naked short selling in simple form is the counterfitting of shares.  It is criminal and should be prosecuted to the full extent of the laws.  

Having been hit harder and faster and then when Grant took Richmond many years ago on the short side I have spent considerable time learning and understanding, (thank you Mark Mitchell), what the average guy was up against.

In fact, here is a picture of me at the first Tea Party rally afew years ago in Atlanta trying to get the point across.    It has taken some time but this article lays it out.   The SEC and regulators aren't in sight.  Never will be.   Bought and paid for.  Simple.

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