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How Naked Shorts Cost America Trillions of Dollars



April 10, 2007 – Comments (2)

""Courage is required and our Country and American investors have been stolen from far too long. Where are those real leaders worth following?" 

Wow. Get all the details here.

This comes from the amazing mind of the man who runs a company that trades for $0.0008 per share. A company that burns cash by the barrel, torching $11 million in the TTM, on a measly $2 million in revenues. And this company still trades at 6-9 times that revenue figure.

But naked shorting is the problem?

I wish caps would let us rate junk like this so we could alert more people to the scamming spinnners out there.

2 Comments – Post Your Own

#1) On April 10, 2007 at 4:17 PM, TheWho44 (95.32) wrote:

I can finally own a million shares of something! Thanks for the tip.

Always invest in sound management and this guy sounds like a real go-getter, willing to take on naked shorts, Congress, terrorists et al.

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#2) On April 10, 2007 at 7:54 PM, allstar31 (99.87) wrote:

Complaints about Naked Shorts are my smoke when I decide to short stocks.

I always compare it to the Wizard of Oz.  Naked Shorts are the all great and powerful Oz, while what is actually going on at the company is the man behind the curtain.

"Pay no attention to the man behind the curtain..."

Yeah, Right. 

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