To sum up: Fly-dude is defending companies that perpetually destroy capital. He is defending them so that they can continue to foist worthless paper into the market. Therein lies the crime: that OSTK and its ilk are still listed, and still poised to issue ever more shares. It should be illegal, but laws are slow to adapt. Not so long ago OSTK would never have been allowed to list, given it doesn't have a record, or even a prospect, of profitability. But Fly will try to convolute his argument and point fingers in order to avoid the essential truth - that short-selling the very companies he defends, is a national service, a preservation of scarce capital.
The Street.com removed many of Herb's articles. Herb would climb on a company, write dozens of articles, then Crames would pile on. They removed many of them, but we have most of them. Last year, a fellow contacted us. His company was buried by them, and he archived every article. I sent that stuff to Mitchell. I'm sure we'll see something on that. But until then" http://www.deepcapture.com/the-word-on-thestreetcom/ Yeah, we're wacky. None of this ever happened. We'll see what the Jury says I'm sure. Can you imagine that? You represent Wall St., and you have to go to a Jury of everyday people? Whew.
If you locate, borrow, and don't pay reporters to help you destroy the company. You are sick, perverted soul. There is absolutely no rationale in your spin. You would fit well with Made Off. And I know for sure you;ve never created anything. The idea that sociopaths can illegally destroy companies and be lauded on National TV is representative of our plight as a Nation. Now go get your 10 bucks or whatever they pay you to post.
"The ad hominem or personal attack argument is frequently the immediate defensive response to any new and powerfully upsetting argument. The abusive type of ad hominem argument ... directly attacks the second party personally ... Regrettably it is a negative tactic that the spin doctors, among others, have become adept at using." From Douglas Walton's Ad Hominem Arguments: Studies in Rhetoric and Communications http://books.google.com.tw/books?hl...a=X&oi=book_result&resnum=3&ct=result#PPP1,M1 Your credibility has sunk below zero Fly. Wow.
Yeah, it's funny (and sad) how Cramer has turned 180 and where he used to rail against any suggestion that hedge funds, naked shorting or not, were doing something wrong, to his current posture as "one of the good guys" fighting against the evil for the little guy. Trying to "get those shorts...", etc. Guess he forgot how he used to do those dirty deeds himself, wiped his ass with a federal subpoena, conduit the hedgies thru Herb and others, and even print negative shiite from Rocker himself!. Hell, Rocker used to be one of his biggest investors! The guy has a good sense of survival, but damnnn he is a sleazy bastard...
Read Deepcapture. Sol Steinhardt was the fence for Meyer Lansky. His son is Micheal Steinhardt, who Hired David Rocker, one Karen Bachfisch, or Fishback, whatever, and James J. Cramer. But we're crazy. I think the title of that one is, 'When the Bad Guys Came to Town." This is just the beginning.
The author's comment to the previous link is very insightful. He is the best at forensic internet research. Judd Bagley Says: December 22nd, 2008 at 1:36 pm Mhelburn: There were substantial fails before the year reflected in the graph. September 15, 2006, for example, saw 1,200,000 failed trades â which was much more than double the real volume for the day. One gets the impression that by late 2006, Rocker was operating independent of the other hedge funds (in contrast with the period from 2002-2006, during which they were working closely with Third Point, Kynikos and Exis). I suspect Rockerâs strategy was to flood the market with fails as a strategy for supporting his legitimate short positions. Once he had covered the last of his shorts, there was no reason to continue naked shorting, and so the fails stopped. Now remember, I told you some big names would come from this. Gee. Who runs Kynikos? And what famous Biz Channel fawns over him. Start thinking folks. There are clouds on the horizon. It was all done with mirrors. If you're unfamiliar w/Exis: Mr. Sender, 37, was a star trader for Mr. Cohen at SAC before striking out on his own in 1998. According to court filings, his new hedge fund, Exis Capital, grew to about $1.5-billion in assets by 2003 and produced annual returns of about 30 per cent. Like Mr. Cohen and other hedge fund managers, Mr. Sender took up to 50 per cent of all profit. And, like his former boss, he had a passionate and sometimes peculiar interest in art. He spent $44,000 on a photograph of a crucifix immersed in urine. (not that there is anything wrong w/that). LOL
Dan Colarusso is on Power Lunch right now, giving his opinions on integrity, what's wrong with wall st., blah blah bhah. This is Dan Colarusso, when presented with adversary who presents facts and hard data: http://www.deepcapture.com/wp-content/uploads/2008/05/sabew-dan1.mp3 And you wonder why the press misses so much, so much of the time. It's because they are in on the whole thing. The money trail is about to be exposed.
more bizzare rhetoric on this thread. what is this "power to the people" socialism rising on a supposed capitalist message board? strange days indeed, mama, most peculiar..... surf