http://connect-utah.com/article.asp?r=1688&iid=43&sid=3 They'll Poo Pah this one as fluff, but this one....... http://www.vodiagroup.com/pdfs/seclending1.pdf This is what is't all about. 205 bb a year stolen from pensions. Now we have the link we need to let the average guy see how badly he's been hammered. And you guys fighting me. You're all young. You're going to get to pay for this mess while the Prime Brokers walk with the cash. Wake up!!!!
Story in St. Petersburg Times about Byrne and an education movement he supports. http://www.sptimes.com/2006/04/19/news_pf/Worldandnation/The_65_percent_revolu.shtml
That Rocker retired speaks volumes ... if there is one thing I've learned, it is to watch what people do, not what they say. That said, who gives a sh*t about naked shorting. If a stock can be taken out and shot, so be it. Reminds me of the dialogue from Unforgiven. Little Bill: You just shot an unarmed man! Will Money: Well, I guess he oughta armed hisself before he decorated his establishment with my friend. (& don't lecture us about the law flydude - US legal system is farce, all the law money and a good sound bite can buy.) Back to Rockers retirement c'mon: What short seller is gonna retire with gold north of $600 and Iran pounding the table about nuclear bombs. His departure smells like an exercise in document destruction ...
Now they come fast and furious. http://www.forbes.com/2006/04/20/quark-fund-0420markets14.html?partner=msn Big name journalists taking payoffs? CJRdaily.org. check it out.
Memo to Mark Haynes: It's not an "Attack on shortsellers", it's an "Attack on market manipulation via counterfeit shares and coordinated complicit media". The "Attack on shortsellers" bs is from jerks like Herb and Cramer. Try not to be such a schmuck, won't ya? thnks
Phantom shares, overvoting, shares being undeliverable for over a month. Just another day on Wall Street. OSTK should being paying a dividend. The issuers of these phantom shares will then have a little more to worry about it since it will no longer be free.
Since OSTK doesn't make any money, isn't paying a dividend out of the question? Paying a dividend shows some measure of company health. How about OSTK runs a good company first, then everything else takes care of itself.
That's like six guys kicking the shit out of Grandma, and letting them kill her so you can sue. Let me phrase this so you can understand ......IT'S AGIN THE LAW!!! Read the Vodiagroup piece. Some 1.2 trillion relieved from pension funds so the Prime Brokers can get bigger houses. Who do you think is going to get those pensions back up to snuff. You! Every company has the right to operate in a fair market place. Then, come what may. But this........???? I saw someplace that there were only 7.4mm shares of OSTK left at the DTC. I've since heard there is less than that. So now, let's say 6mm at the DTC, and 9.7 short. What's the point of having any laws? And everyday, new stocks are added to SHO>