Great, good news again. Evil short sales are to be further restricted and controlled. Speculators must deliver securities by settlement date! Dear prudent and honest investors, you must now ensure that your brokers will never have the chance to lend your stocks to evil speculators in short sales. if you want to hold long, you may deposit your stocks with a reliable custodian and avoid using unreliable broker services.
In Hong Kong, we can take our shares from our broker's account and obtain a separate share certificate upon registration with the company's share registrar. Yes, I invite prudent and honest investors to do this immediately. The action will not only prevent your shares from being used or misused for short sales of your own shares but also avoid any risk that your broker may have problems such as financial instability or bankruptcy. Anyway, there is no reason why you should continue to deposit your shares with brokers when you intend to hold them for long-term. Shareholders of blue chips like HSBC should think about this action very seriously!
Short sales should protect investors against over-valued securities but not enable evil speculators to gain money at the expense of prudent and honest investors or by manipulating stock prices through creating fear, panics and confusions. The regulators in all major markets must now take concerted actions to curb short sales and stop evil speculations.
The "Casino Culture" generated by Wall Street must now be banned forever! It must be banned in the US, Europe, Japan, China and everywhere in the world. If you want to win money by gambling, you have to go the casinos in Macau, etc. but don't go to injure prudent and honest investors by your evil speculations, short selling, etc. Your evil conduct is worse than gambling. Why? In gambling, only the gambler loses money but in using our major stock markets as your casinos, you evil speculators are causing losses to innocent and prudent investors who do not participate in your evil gambling and speculations.
My main complaint is why does it take so long for the US regulators to sanction against evil short selling? Again, I am not that stupid; Wall Street has been ruling America for too long. Herald, herald, Wall Street is now falling down, falling down, falling down....
Wednesday, September 17, 2008
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