Online Petiton against Naked Shorting

These are the comments made by some of our petitioners

View results as :

Number	Country	State	City	Notes
1	United States	Illinois	Bradley	Selling short and never having to cover is nothing less than theft.
2	United States	California		Dendreon currently has approximately 50% of the float sold short, with who nows how many additional "counterfeit" shares sold short as well. The company has been on Reg SHO since about the beginning of April 2007...with the brokers simply transfering these bogus shares back and forth repeatedly with no intention of ever covering. IMO, I and numerous other investors have been cheated out of hundreds of thousands of dollars (over $300.000 for me alone) of profit that I had earned fair and square.
3	United States	Georgia		I see naked shorting all the time. This hurts companies. It especially hurts small investors. Please keep fighting for transparency with the SEC. Thank you.
4	United States	Michigan	Trenton	And many other companies when the bubble busted in 2001
5	United States	Nebraska	Grand Island	If it is illegal and it is being done, please stop it.
6	United States	California	santa barbara	I have lost an enormous amount of money, due to forces beyond normal market fluctuation.
7	United States	Florida	Matlacha	investigate Citron Research and fund trading. Also Nick Yulico with The Street Dot.com
8	United States	California	San Joe	If the SEC is not going to take any action against this illegal trading practice, Congress certainly has a duty to investigate. And where is the Justice Department in all of this? Put some teeth in the law so that people are held accountable for their crimes.
9	United States	Florida	St. Petersburg	Must be examined. The fraud of revenue mining by the Fox holding the keys to the dollars must stop.
10	United States	Texas	Dallas	The SEC needs to be investigated and rebuilt to restore the integrity of the American financial markets and to protect the individual investor from the crooks on Wall Street.
11	United States	Colorado	1850 Ramtron Drive Colorado Springs, CO 80921	stockholder
12	France	Alabama	Guarulhos	Cool site!
13	Hong Kong		Hong Kong	Just look at Crystallex (KRY) on 18th January! Also see: http://tinyurl.com/24gajv
14	United States	Massachusetts		PDGI was formerly SFCC . It was crushed in part by " naked shorts " , esp. Loeb Partners . Time ; Nov 1st thru Dec 16 , 2005 .
15	United States	Arkansas	Cave Springs	If the government wants us to be responsible for our own retirement, then we need a more level field to work in.
16	United States	North Carolina	Durham	Why would you even consider not removing the MM exemption on naked shorting? Its the key to abuse in stocks like IIG on the AMEX. Does IIG have to be on your REG-SHO list(SEC-NOT-DOING-THEIR-JOB list) for a whole year before you will do something? Any system that allows shortsellers to dilute a companies float with FTDs and get around delivery by pinging blocks of stock back and forth to reset the clock on delivery MUST BE FIXED!!! DO YOUR JOB!! PROTECT INVESTORS, NOT SCUMBAG MANIPULATORS!
17	United States	California	Aliso Viejo	The SEC is not following the rules that govern it. Prime Brokers and short selling clients that fail to deliver within T+3 should face significant jail time and huge penalties (in the billions for broker/dealers). The insignificant penalties when compared to the billions the broker/dealers receive in fees provide no incentive for them to discontinue the illegal activities. The grandfathering rule of RegSHO is illegal and must be removed. For stocks which had grandfathering or hit the RegSHO list at anytime, there should be an immediate moratorium on shorting that stock of 3-5 yrs and buy backs must be forced over a 3 to 12 months of 100% of the shorted stock (incl. ex-clearing and pre-netting) with larger percentage of buy-backs required in the earliest months of that 3-12 month window. Ex-clearing of short sales between broker/dealers and pre-netting of long and short positions within brokers must be eliminated. Short interest (incl. ex-clearing and pre-netting) in a U.S. security should never exceed 1% (primarily limited to market makers to allow for market liquidity). Investors that want to take short positions should be able to do so via put options only (limiting this activity to issues which have option trading). It is all very simple and obvious.
18	United States	Florida	Winter Haven	I wish to have equality across the board. Our market should allow (all) the same equality as our constitution and bill of rights calls for it. The wall street and fund players need to be penalized, fined, or imprisoned for causing huge losses for individuals while they get rich. This is NOT the American way, nor should it be. If my own government cannot stop this naked shorting, then I may choose to change my votes to those who wish to end this idiotic manipulation of the market as whole.
19	United States	Arizona	Mesa	Watched thousands of dollars go away while bids on L2 went right past my bids, asks, and stop limits. Ridiculous.
20	United States	Georgia	monroe	abolish the grandfather clause and make all the firms and persons responsible for naked ahorting and shorting violations cover the postions shortfalls they are resposible far. represent the shareholders and companys not the criminals.
21	United States	Connecticut	Vernon	Massive illegal naked shorting.
22	United States	Georgia	Marietta	Dendreon Corp.(symbol: DNDN), a yound and innovative company that is trying to do GOOD by bringing much needed safe and effective cancer treatments to dying cancer patients has the most manipulated stock of any company in the stock markets. Certain hedge funds as well as, at least, one big investment bank (UBS) backed by Big Chemo dollars are attempting to kill the company (by naked short selling) before they can get their first immunotherapy to market (for late stage prostate cancer). "Kill it in the crib" -before it has a chance to compete and take market share away from their toxic chemo products. All in plain view of the do-nothing and complicit SEC, FDA and Congress and no one does anything about it. Nothing!! Our governing officials are complicit and corrupt. Our federal government departments have all been SOLD to the highest bidders--namely, BIG BUSINESS. The system is ROTTEN to the core. We the retail investors do not have a chance in this type of market. Best to sell and salvage what you have left before these thieves take it all. Are we seeing 1929 again? Heaven help this country!!!
23	United States	North Carolina		online bashers like Derbenski get paid to make elusive claims and cast uncertainty on the stocks, with very little, if any, evidence to back it up.
24	United States	Connecticut	Vernon	Huge volume of naked shorting
25	United States	Nevada	Las Vegas	There are 2,000,000 shorts out there with only 83,000 shares outstanding. This is a disgrace and does nothing for the confidence to invest in the USA Market.
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28	United States	California	Ventura	The fleecing of the small retail investor must stop. Naked shorting is criminal plain and simple. This is a privelleged practice used by hedge funds and investment houses that do nothing less than artificially manipulte stocks for financial gain. Unfortunately the sec is part of the good ole boy network seeing as many have come from wall street!
29	United States	New York	new york city	NVDA stacks the deck against the small investor and benefits the big houses who have access to all of the small investors books. The disproportionate amount of money that the big powers (MMs, hedge funds, institutions make at the expense of the retail investor is mind boggling. Time has come to bring an end to this practice. TIME IS NOW before it is too late..
30	United States	Virginia	Alexandria	Lost alot of money and my confidence in the market as a result of unfair practices.
31	United States	Connecticut	Vernon	Huge volume of naked shorting.
32	United States	Connecticut	Vernon	Illegal naked short "borrowing" shares.
33	United States	Michigan		please help i work hard for my money
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40	Australia	Foreign Country	Sydney	Look at MDTL (medis technology) for the last few weeks, you might be able to do a live trace of it. It is getting smashed.
41	United States	Georgia		not only ellegal short trading but blatent insider trading and illigal manipulation of a market
42	United States	Texas	Fort Worth	Naked shorting has driven this company (Dendreon) to such a low price per share that it is difficult to raise cash to continue--despite the fact that they have a treatment for prostate cancer which is more effective than any existing treatment. Naked shorting keeps many small companies from being able to develop their products and services, and drains dollars from the citizens of this country.
43	United States	Michigan	Au Gres	Naked Shorting of stocks is scarcely different from the counterfeiting of our money supply and cannot and should not be tolerated. The SEC has seen fit to throw high profile people into jail for insider trading that involved comparatively minor dollar amounts, compared to the dollars stolen through Naked Shorting, but has utterly failed to make any attempt to control Naked Shorting. My feeling is that all Naked Shorting should be banned, including the Market Makers special exemption, as to allow them to write Naked Shorts is to give them a license to steal. David H Boyle
44	United States	Oklahoma	Norman	Naked short selling is fraudulent. I cannot believe that a nation of laws would tolerate such an activity.
45	Canada	Ontario	Mississauga	Hello, I am just concerned about the recent and sharp decline of the share price of Ballard Power. It looks very suspicious.... Best regards, Hasan Ghodrati
46	United States	Idaho	Boise	We need ACTION!!!!
47	United States	Florida	Boca Raton Fl.	Save out Markets, do something now! This crooked practice must be stopped!
48	United States	Georgia	125 TownPark Drive Suite 300	naked shorted , and SEC claimed fraud with no proof , fed. judge let trading continue after the SEC suspended trading for 10 days...
49	United States	California	vallejo	who is handeling the class action suits?
50	United States	Arizona	scottsdaleR	Raser is such an important company for our future on this planet. I would like to see it succeed. The naked shorts or Phantom are trying to destroy this company. They already tried to ruin Overstock and Taser.
51	United States	Utah	Sandy	They steal our money and the SEC approves. This has got to stop!
52	United States	Florida	Gainesville	Please do something for the little people.
53	United States	Missouri	Arnold	I could not tell you how many times I have emailed and sent the Complaint forms to both the SEC & DOJ. There seems to be NO Accountability in ALL Government. Signed A DISGUSTED TAX PAYER
54	United States	Florida	Okeechobee	Track them down make them buy real stock. Jail fake stock lenders.
55	United States	California	Calabasas	SEC should be fined
56	United States	Texas	Manvel	NO NSS and push for full disclosure by shorts.
57	United States	New York	Rochester	It is time that "We the Taxpayers" received a return on our hard earned investment in "Our" Country. It is time that we throw all the crooked SEC Members in jail, forever. They have been allowed to defraud the "small" Invextors in America for far too long. Wherever there is money to be made, there are crooked men (and women) who need to pay for their greed. This has been going on, unabated, for way too long and it needs to be stopped, permanently. Life is Short . . . PLAY FAIR!!!
58	United States	California	Santa Ana	Nake shorting of CHTR has been an on going problem since 2003 when I first started investing in CHTR. In Nov. 2004, the shorts gain control of the company. Please help us.
59	United States	Florida	Lithia	The only answer to naked short selling is: Treat the fail to deliver like a late mortgage payment and have a late payment charge that the SEC receives. The late payment must be more then the money ($0.001)the SEC receives on all naked shorts, so the SEC would enforce it.
60	United States	Minnesota		Concerned with all microcaps.
61	United States	Illinois	Naperville	Stop the fraud.
62	United States	California	Joshua Tree	This Shorting should be illigeal
63	United States	Texas	Lubbock	HELP US GET THE BAD GUYS
64	United States	Florida	Largo	There are many prostate cancer patients that would benefit greatly from Provenge, the naked shorts are trying to bury them and them and the company.
65	United States	California	Saugus	It is time that Congress take action to stop the looting of the stock market with illegal short selling having no penalities, just rewards, for the unscrupulous theives raping the US economy, backrupting US business, and stealing money from investors. What a shame this market has become. The pirates, thieves, those who steal, have no fear of any repercusions.
66	United States	California	BAKERSFIELD	We need your help.
67	United States	Michigan	Birmingham	Illegal trading practices should be enforced and as honest a trading environment should be established.
68	United States	Washington	Oirt Angeles	Please put an end to this practice
69	United States	Colorado	longmont	please stop the illegal naked shorting that goes on and the SEC allows this to go on, and it brings down my value as a struggling shareholder I only have a few thousand in the stock market and the naked shorts keep my value at or below what I have.............PLEASE
70	United States	Wyoming	Gillette	XTMS seems to be a very sound company and is an exteme case of naked shorting. Thank you for looking into it.
71	United States	Georgia	St Marys	please stop this illegal trading practice
72	United States	Texas		Is being shorted badly in the midst of great company growth.
73	United States	California		I would like to help get something done about this one day soon.
74	United States	Rhode Island	Mustego	The manipulation in Transmeta is so obvious even the SEC should be able to see it. Unbelievable. Naked short selling in German stock market not even tracable. Come on. Legal thievery 101.
75	United States	Nevada	Reno	Have lost over 75% of my retirement savings to NSS and manipulation.
76	United States	Indiana	Westport	First Buy 100 Shares 2/7/03. Last Buy 100 Shares 1/8/07. Total Shares 8100.
77	United States	Illinois	Bloomingdale	They are the only one to win a 700 million dollar judgement in court because of proven short selling.
78	United States	Florida		"WE THE PEOPLE" OF THE UNITED STATES, WILL FIND THE TRUTH AND THE ONES RESPONSIBLE.
79	United States	Illinois		Market makers and hedge funds have been naked short selling stocks for years and getting away with it. Stealing money from average investors accounts from year 2000 to 2007 shorting and naked shorting everything in sight! Stocks the were thousands of dollars are now trading at 1/10 of pennies take a look at mgmx and swme to name a few! They manipulate stocks in a direction that will make them the most money. What has happened to the supply and demand driving stock prices? That practice has to be stopped before it destroys the entire market!
80	Barbados	New Brunswick	Sjvwo	My cap kills my brain
81	United States	Michigan		These criminals need to be prosecuted to the full extent of the law!
82	Belgium	Alberta	Rmdwrrbk	Love comes quickly, whatever you do
83	United States	Kansas	Topeka	Patriotism is supporting your country all the time, and your government when it deserves it. Mark Twain
84	United States	Nevada	LAS VEGAS	This practice needs to be stopped and the companies that were wrongfully hurt by this practice should be FULLY reeimbursed for this misconduct, which makes a few rich and hurts so many more. What has happened to our justice system. It seems like it only protects the rich and powerful. The little guy is doomed to total misrepresentation. We are on a slippery slop right now. YOU MUST CORRECT THIS!
85	United States	Maryland	COLUMBIA	Does this mean CMKM Diamonds is a faud, and money will not be paid out to shareholders?
86	United States	New Jersey	Asbury Park	STOP THE NAKED SHORTING....IT KILLS PEOPLES FAMILIES AND TEARS HOUSEHOLDS APART.
87	United States	Illinois	minooka	stop hurting the small investor,and covering for the cheats.
88	Namibia	Texas	Psuiw	How can i become a saint?
89	Canada	Ontario	Toronto	The practice of naked short selling is one that destroys the investment community. It can and should be regulated to protect an orderly market for start-up companies.
90	United States	Connecticut	fountain	Time to do the right thing......
91	United States	Maryland	eder	This scandle needs to stop now! Innocent people are being ripped off! Trillions of dollars later the SEC has done NOTHING to put a stop to this!
92	United States	Montana	Great Falls	Very good companies are being ruined and retail investors are losing extremely large amounts of hard earned money to this form of manipulation. WHERE IS THE LAW!!!!
93	United States	New York	New York	Naked short selling is ruining the investment industry; at the expense of normal, everyday americans who are trying to own a piece of a company they believe in.
94	United States	California	san diego	I AM WONDERING WHEN THE S.E.C WILL FINALLY DO SOMETHING reg SHO LIST IS THERE BUT LOOKING AT THAT LIST IT JUST SHOWS HOW MANNY NAKET SHORTING THERE IS AND NOTHING HAS BEEN DONE.
95	United States	Minnesota		Just to name one but I am sure there are many others.
96	Egypt	Alabama	Cgwvlrxl	Life sucks, or its just ones stupid idea?
97	Canada	Ontario	Kingston	Please do something. This is an outrage
98	United States	Texas	san antonio	please end this!
99	United States	Washington	Olympia	I would like to sign a petition to have the SEC investigated for their lack of control of Naked Short Selling.
100	United States	Illinois	Springfield	STOP the Madness