Breaking News: SEC FINALLY Bans Naked Short Selling - Flytiger Vindicated

Ivanovich · Sep 19, 2008

Quote from flytiger:

I'm not smarter than most. But I am more honest, and I have more scruples. And if you're spoon feeding me chicken shit, and telling me it's chicken salad, I'll know. I figured there'd be a financial ban on shorting after the close. I called one of the investigators. He bought 20,000 RBS, UYG........ That's just critical thinking. If it's a world crisis, the governments are acting in tandem. Can you think like that, or do you need a 'hot tip' for a "real good guy'.

I'm flat. Not my style. I stay with my discipline. And I don't trade on inside information. I am probably more talented thatn Cohen and Loeb. They'll just do shit I won't do.

If the SEC had not done this, you'd have no market monday morning. There'd be no atms, no money markets, no markets. I'm sorry you're short across the board. But that's the risk. You couldn't figure it was a crowded trade? You couldn't figure the bear raids on MS< GS, STT were manipulative? That something would be done.

Let me tell you what a reporter, who will probably be incarcerated very shortly, told me when I was on the balls of my ass and begging for help in this, "I'm sorry for your troubles."

And I'm sorry for yours. Because you wishing harm on me shows what a sad demented individual you are. .

What I should do, is load up on a particular stock that the politicians are talking about. Get a good slug, the calls. Then, I should come here, put it on Wall St. News, and sell to the newbies, and some of you. But I won't. Know why? It's the wrong thing to do. You should try this approach sometime.. you know. Doing the right thing, not doing the wrong.

And if you guys think this week was something, you wait. You aint' seen nothing yet. You will be shocked beyond you're wildest dreams.
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Personally, I admire the integrity. Cheers, mate.

Agassi · Sep 19, 2008

Read this presentation and you will get more insight. Just wanted to share this info:

http://www.businessjive.com/nss

sandygray66 · Sep 19, 2008

Fascinating presentation Agassi. Thanks for the link!

Explains how the wealthy few (via select private hedge funds) were gaming the system, at the expense of the rest of the country who have much of their life savings and retirement funds invested in long stock positions.

Only after those greedy bastards started turning on the very institutions that facilitated their abuse of the system, is something finally being done to stop this rape and pillage of our financial systems.

And guess what....I'll bet that most of those hedge funds are parked overseas in tax havens, and taxes will never even be paid on those illicit gains.

flytiger · Sep 19, 2008

Quote from sandygray66:

Fascinating presentation Agassi. Thanks for the link!

Explains how the wealthy few (via select private hedge funds) were gaming the system, at the expense of the rest of the country who have much of their life savings and retirement funds invested in long stock positions.

Only after those greedy bastards started turning on the very institutions that facilitated their abuse of the system, is something finally being done to stop this rape and pillage of our financial systems.

And guess what....I'll bet that most of those hedge funds are parked overseas in tax havens, and taxes will never even be paid on those illicit gains.
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Bingo!!!!! Give that man a CEE GAR.

Actual, Caymans is locked down. John Duess is in jail. If yoiu want your money, show an SS# or whatever the Frogs and Brits use, and show where you got the moneyh. Last I heard, Interpol had the list of 'depositors' in the sense a John deposits on a hooker. The money was paid for favors, never saw the US, and teh IRS never taxed it. Blank ATM cards were issued to players, including, I understand, members of the Press.

Now, before you go bullshit on me, Howell Woltz and Sam Currin are in Charlotte, and they aren't on vacation.

Only question is, did we act in time. ???? NO one knows. But you can see by the extroidinary measures being taken, this one is going to be a squeeker. Be afraid. Be very afraid.

7??? Wanna depress them even more?

BTW. 7 comes equipped w/a very good bullshit detector. Listen to what he says.

Agassi · Sep 19, 2008

now how will this affect day traders and other Don Bright propogated OO? i assume lots of people make lots of money here shorting right?

whats the future?

sprstpd · Sep 19, 2008

Quote from nickdes:

Here is the link,

http://sec.gov/news/press/2008/2008-204.htm

Just like the government to enact a regulation to make you abide by the regulations. Why not just enforce the current regs.
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I'm waiting for the regulation to follow the regulation that makes you abide by the regulations.

flytiger · Sep 19, 2008

Quote from sprstpd:

I'm waiting for the regulation to follow the regulation that makes you abide by the regulations.
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Very good. Very very good.

Hearing rumors........ shhhhhhhhhh.

Big Porsche sale in Connectictut. Thsi weekend. And next weekend, and the weekend after, followed by Estate sales. Keep it here. Thanks.

sandygray66 · Sep 19, 2008

Greenwich is going to implode? Couldn't happen to nicer folks.

sandygray66 · Sep 19, 2008

Quote from flytiger:

.....7 comes equipped w/a very good bullshit detector. Listen to what he says.
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OK, I give up. Who/what is 7?

flytiger · Sep 19, 2008

Quote from sandygray66:

OK, I give up. Who/what is 7?
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you'll know him when he shows up. Real wallflower, Stock777. Won't come out of his shell..............