Naked shorting

It happened again. CROX reports great numbers, profits for the quarter up over 84%, for the year, over 99%, best operating margins in the industry, by far, foreign sales tripling, and it gets slammed. The official reason, some analyst had predicted .44/share profit. CROX predicted '41. Actual earnings, .45/share. SOOO, because they only beat by a penny, (someone elses' guess), it gets killed. THE REAL REASON it got taken down... Last time, it was because of naked shorting, an illegal practice, of hedgefunds, who have shorted the stock, looking for poor performance, but when it doesn't happen, calling in huge 'sell' orders, on stocks they don't own. Millions of shares. They actually own some, but not near as many as they sell. Once the stock is way down, they gradually replenish their inventory. It is complicated to prove, but can be done. It is the job of the SEC to enforce laws against naked shorting, but they more or less say, the practice is too wide spread, and too time consuming for their small staff, so basically nothing is done. In the meantime, the big hedge funds manipulate certain stocks to their advantage, making tens of millions of dollars. Cramer had a show on it and admitted he used to do it regularly. Outright theft, but not prosecuted. Starting to piss me off...