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Wed Aug 13th 19:06 PM | Rating: 0 0
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Oil Rebounds - Fast Money Recap (8/13/08)

You must believe that the average investor is a moron. Naked Short Selling is THE culprit here. The hedges have been waiting for this race to the bottom to begin for weeks now. I will not purchase another equity until Naked shorting is permanently illegal in this maket. If it isn't stopped soon our banking system will eventually collapse and the businesses they service will also fail. You will be able to buy shares for pennies on the dollar. Then I'll come back into the market provided that the current chairman of the SEC has been replaced.
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