[alfalfasprout]

I think you vastly overestimate the SEC's ability to catch these things. It's searching for a needle in a haystack.

The only time where the SEC has a really easy chance of catching you is with very out of the money puts purchased only days before the attack. The volume is much lower there and that's a much more common way to make money on this stuff (since with put options you don't need to short massive amounts of the stock).