3DM Worldwide - Superstock??

Adie2001 - 31 Dec'05 - 10:36 - 16151 of 16168
"I think you will find that the number of shorters overall are insignificant, however, it is, and has always, been easier to blame them then the Company and it's directors failings.

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I am not as obtuse as you might think, nor can you conclude that because I disagree with you that I am the obtuse one. You state as a matter of fact 'You fail to see it is 3DM itself that is failing to meet any of it's many timescales etc .....'..." Of course I can see that 3DM is behind schedule. That is hardly a new experience with development into unknown territory.

Of course the misunderstanding by investors that the timescale is not a widget one but an elephant time scale; and weakness in PR and newsflow, have left the share price wide open to shorters. But I do not underestimate, as you may be doing, the effect of short traders who make transatlantic trouble with potential clients and libel the company, and lead to a shut down of information flows in response to the mischief they make. It is quite clear who the shorters are on this board even if they are few in number and rely on multiple aliases. Fifteen of them recently came up like a swarm of fleas in a multiple alias attack on another company and another board. They are becomong ubiquitous. It is well known how the original 3DM share price collapse was precipitated by short selling of borrowed shares followed by atrocious libel of the Executive Chairman.

In a recent case well known villains in this field generated a frenzy of calls from friends in Luxemburg to provoke selling of shares in a news starved company.

Shorting of small stocks has become pestilential in the last three years, since provoked by the collapse of the dotcom boom and a period when it was neigh impossible to profit from going long. Shorting damages the market for fundraising of new ventures and therefore the support for innovation, and must therefore be damaging to the country. I hope that there is plenty of patriotism left to fight the tendency which IMO should be outlawed in the case of companies below £100m cap, and those still in precommercial status.