[abletruth]

invisible I don't think you understand, the markets have 18% of all shares as FTD daily..."Failed To Delivers" so the counterfeiting is rampant, seems the only people that don't believe there is a problem work for the brokerages, we need to go totally electronic.

Watch the Congress get involved soon because there is one company that has legally proved there are over one trillion shares of it's stock floating around as markers in accounts in 64 countries....Yea that's One Trillion with 15 zeros...
abletruth

[the invisib1e hand]

invisible I don't think you understand, the markets have 18% of all shares as FTD daily..."Failed To Delivers" so the counterfeiting is rampant, seems the only people that don't believe there is a problem work for the brokerages, we need to go totally electronic.

all over the map here. going totally electronic, ah, yes, this is a panacea, isn't it? I've decided that's The New Utopia. Once everything is electronic, everything will be OK.

short selling is as misunderstood a subject as there is. Already on this thread there are "hang all shorts" posts, when really it seems that, if there's a problem, it's counterfeiting, which is a different animal altogether.

[SAJ]

Exactly right, m'friend. Fails haven't been this bad since 1968-1969...and we all (well, us older types anyway...g!) recall what happened when SEC started clamping down on fails back then.

How many **hundred** brokerages, good names too, closed their doors, eh?

SEC, NYSE, and NASD need to, simply have to, revive punitive fails. Don't know if that's going to happen, though (sigh).