this idiot has worked within the cap mkts for 10 years. I never said naked shorting was ok....all I said was mkt will dictate real value. read the post after that then I will allow you to apologize to me for something you would never say face to face.
it amazes me how slow the reg's are to reel this in. it really gives the impression of complicity on the part of govt and media.
I'm not going to take this bet simply cuz I assume by "REAL" you mean a company with good fundamentals and good performance. These schemes don't target companies like that, so no, there probably aren't any cases like that. However, if you think about it, if you're a large pool of money (billions) are you gonna target a "real" company, or one that is already weak, with a low float, and MUCH more prone to a scheme like this? -The New Guy
True. Thats why I believe OSTK management is only concerned with holding current levels and not really interested in letting the mkts do its thing.
SWScapital Registered: Apr 2005 Posts: 207 9-19-05 10:15 AM -------------------------------------------------------------------------------- Quote from vhehn: the ostk ceo should shut up. ostk is being helped by the short base. without shorts this stock would be less than 20. it really is a crappy company. -------------------------------------------------------------------------------- Anybody that complains about short selling knows nothing about mkt mechanics. Try and tell this guy they are creating liquidity in his name and he will summon the force to fight your evil empire.... _______________________________________________________ it is obvious you are bashing byrnes and saying he is stupid for not embracing the short sellers? am i missing something???
Hey, you win the prize for being the first to make me look up a word from ET! hahaha Yeah, complicity, lethargy, bureaucracy, lack of comprehension... I'm not willing to say that the SEC is fully involved, but at times, it sure looks like some of the people are. The media is just plain obvious. If you read what people like Jeff Matthews are writing, and then what Byrne is saying there simply is absolutely no other conclusion. Heck, just the fact that Jeff spends so much of his time bashing Byrne and OSTK. I mean, why on earth would he want to do that? People in his business should spend their time looking for good investments, not trying to make them. -The New Guy