March 18, 2008
I've have been investing for over 20 yrs. I continue to do my due diligence on the companies I choose to invest in but for some reason many of the companies I put my money into keep coming up on the Naked short list. Seems these unlawful crooks and hedge funds care more about their crooked ways than being caught doing this. I have seen good companies share prices decimated by these firms for no reason other than the fact they know they can get away with it. If you know it's going on why not stop it. The word "investing" no longer exists in my mind. Wall street has become a gambling ring run by forces worse than the Mob. Please put an end to this. I have seen 1/2 of my portfolio destroyed from one stock alone. All it would take in a few days to see the trading in "GeoGlobal Resources" or ticker GGR to see this. Just look. Just look. I'm not bitter because I make a bad investment, I'm bitter because you allow this practice to continue.