Stock Hideout - View Single Post - Q. London AIM Exchange

hans · Tue, 11-07-2006, 08:16 AM

Quote:

Originally Posted by Tony1965

Pegasus Wireless (PGWC.OB) voluntarily delisted from the NASDAQ recently because the CEO claimed there were as many as 30 million "phantom" shares in the market as a result of a bear raid that took the share price from $19 to 50 cents. They went to the Pink Sheets for one week and moved to the NASDAQ OTC BB on Friday. They are now looking for a new exchange. Does naked short selling occur on the London AIM exchange? There are rumors that the company might go to the London exchange. Thanks in advance.

Here are a few DD links:

Attack On Pegasus - Forbes.com

Pegasus Wireless Corporation Commences Trading on OTC Bulletin Board: Financial News - Yahoo! Finance

PGWC.OB: Headlines for PEGASUS WIRELESS NV - Yahoo! Finance

Small Cap Copy: Peter and Paul

Small Cap Copy: Short-sale Side-Step

Pegasus Offering Apple iTV Clone, Now

Thanks,

Tony

Hello Tony,
I see you're from Philly, I used to live in philly but moved to lower bucks county, now living in Feasterville.
As of naked short selling: many companies went bankcrupt because of naked short selling, its the biggest scam in the market, but what is the SEC doing ?does nothing about it, because imo , they get a kickback from this guys,
JIMO

HANS