if you artificially hold a bad companies stock up you have to do it by buying the stock with cash..so if you are willing to take that risk then you should be f**king the shorts ( which eventually you will be f**king urself )...but when u are printing paper to sell it is way different..ill let u actually chew this info for a while so u can see how big the difference is...
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Bloomberg special on Naked Short Selling
- Thread starter flytiger
- Start date
if you artificially hold a bad companies stock up you have to do it by buying the stock with cash..so if you are willing to take that risk then you should be f**king the shorts ( which eventually you will be f**king urself )...but when u are printing paper to sell it is way different..ill let u actually chew this info for a while so u can see how big the difference is...
El Cuban:
He's reading off a sheet his felo...... I mean Boss gave him.
Was just sent an email containing an internal memo from a large clearer. It seems they believe Grandfathering is out, and they want to help their client firms clean up their mess.
Interesting. Watch the SHO list. See if you can make yourself some money. Go to REG SHO on Wall St. News, the links are there.
Happy hunting. Stick it to them.
He's reading off a sheet his felo...... I mean Boss gave him.
Was just sent an email containing an internal memo from a large clearer. It seems they believe Grandfathering is out, and they want to help their client firms clean up their mess.
Interesting. Watch the SHO list. See if you can make yourself some money. Go to REG SHO on Wall St. News, the links are there.
Happy hunting. Stick it to them.
Quote from ElCubano:
..ill let u actually chew this info for a while so u can see how big the difference is...
The thing that people are implicitly saying here is that naked shorting is without risk. I.e., let's just create more shares to sell and knock the price down further. The only way it is risk free is if the company is properly valued at $0.
Actually the only way for it to remain risk free is if the SEC continues to turn a blind eye and only selectively enforces their own laws.Quote from sprstpd:
The thing that people are implicitly saying here is that naked shorting is without risk. I.e., let's just create more shares to sell and knock the price down further. The only way it is risk free is if the company is properly valued at $0.
Lots of buyins. Wonder what's up.
March 19, 2007
Travelzoo, U.S. Global Gains Extended by Short Covering
Travelzoo Inc. (NASDAQ: TZOO) shares are extending their gains heading into the close of trading. The stock is unusually higher by $3.01, or 8.41%, to $38.79 on heavy volume of 656,589 or double the daily average volume. Travelzoo recently announced that that it surpassed 11 million subscribers worldwide to its publications, with 10 million attributed to U.S. subscribers. However, the company is looking to expand its presence internationally, as it has strengthened its European management team and added an office in France. The short position of 2.06 million shares as of last month, and the company's tight float of 2.94 million shares is only helping to boost today's gains.
U.S. Global Investors Inc. (NASDAQ: GROW) is also closing to the upside by $5.11, or 13.58%, to $42.74 on volume of 757,377 shares. Not many bears are wanting to stay short ahead of the stock split and a special cash dividend of $.25 per share that will be paid on March 29. Currently there are 1.78 million shares short, with a publicly traded float of just 6.56 million. Adding to the upside, are possible fails to deliver in the security that are prompting brokerages to find shares that were sold short, but not borrowed. U.S. Global is listed on the Regulation SHO Threshold Security list.
by Thomas @ 3:38 PM | 0 replies | E-mail | RSS
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March 19, 2007
Travelzoo, U.S. Global Gains Extended by Short Covering
Travelzoo Inc. (NASDAQ: TZOO) shares are extending their gains heading into the close of trading. The stock is unusually higher by $3.01, or 8.41%, to $38.79 on heavy volume of 656,589 or double the daily average volume. Travelzoo recently announced that that it surpassed 11 million subscribers worldwide to its publications, with 10 million attributed to U.S. subscribers. However, the company is looking to expand its presence internationally, as it has strengthened its European management team and added an office in France. The short position of 2.06 million shares as of last month, and the company's tight float of 2.94 million shares is only helping to boost today's gains.
U.S. Global Investors Inc. (NASDAQ: GROW) is also closing to the upside by $5.11, or 13.58%, to $42.74 on volume of 757,377 shares. Not many bears are wanting to stay short ahead of the stock split and a special cash dividend of $.25 per share that will be paid on March 29. Currently there are 1.78 million shares short, with a publicly traded float of just 6.56 million. Adding to the upside, are possible fails to deliver in the security that are prompting brokerages to find shares that were sold short, but not borrowed. U.S. Global is listed on the Regulation SHO Threshold Security list.
by Thomas @ 3:38 PM | 0 replies | E-mail | RSS
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2002. Nation attacked, Airlines trying to rebound from 9/11. How did Wall St. help?
http://www.rgm.com:80/articles/ual.html
Read it closely. Well known then, our regulators let it continue. BTW, who bailed out UAL?
http://www.rgm.com:80/articles/ual.html
Read it closely. Well known then, our regulators let it continue. BTW, who bailed out UAL?
Quote from ElCubano:
they are both wrong.....but they are apples and oranges; you cant compare PHANTOM shares to a BUYER BEWARE situation. One F**ks the buyer and the other F**Ks the buyer and also the system..peace
Oh please. Nothing prevents a buyer to post a bid that is double the outstanding float, suck in some stock and then just keep stepping the bid up. That's not manipulation, that's a proper market with great American values.
It's a complete double standard with rah rah rah bull sentiment. I do not see anyone complaining to this extent when these same companies are manipulating float and pushing their stock prices to absurd levels, ripping shorts apart. Then when the game stops, lots of mom & pop are stuck with overinflated shares while the insiders have cashed out. Oh yeah, it's all the naked short sellers fault when the stock collapses.
I already said where I stand and I am more than familiar with what naked shorting can do to the whole market, as it was done in the 1930s. But then, there was a much bigger picture to look at, involving the whole financial system.
The math simply needs to be fixed. These naked shorters have taken it to an absurd level, no doubt about that. But all this crying about it being the fall of America, you have got to be f**king kidding me. Short a solid company to below its liquidation value and there will be tender offers made right away. Short a solid company below its intrinsic value and big name institutions will have their valuation models glaring with BUY. I highly doubt any of these naked shorters want to get into a "who has more capital" battle with major institutions.
Nothing prevents a buyer to post a bid that is double the outstanding float, suck in some stock and then just keep stepping the bid up.
What about MONEY? What happens when you buy and then don't deliver the cash to pay for the stock that you bought?
Now contrast the above to the reverse situation. What happens when you sell shares that you never borrowed or owned and refuse to deliver the shares? At what point do you have to return the money you received for selling these shares?
OSTK has been on the Reg. Sho List for more than 400 days. Wow, the stock exchanges are soooo highly advanced in the US, delivery in T+400 days, if ever. Makes me really want to invest my money in the US.
I do not see anyone complaining to this extent when these same companies are manipulating float and pushing their stock prices to absurd levels, ripping shorts apart.
Why should they? The SEC actually enforces those rules. Didn't you see the press release from Linda Thomsen going after those spammers promoting penny stocks? She barely saved the entire US financial system from major catastrophe. Quick, let's get the incompetent government hack a seven-figure job as a mouthpiece for the DTC.
You see, the difference between penny stock spammers and thieving hedge funds, is that a penny-stock scammer will never be able to increase an SEC official's salary by more than ten times from the low six-figures to the low seven-figures upon leaving the SEC.
I already said where I stand and I am more than familiar with what naked shorting can do to the whole market, as it was done in the 1930s. But then, there was a much bigger picture to look at, involving the whole financial system.
And it doesn't involve the whole financial system now? How can the London and Hong Kong exchanges be larger than the US? The US has about 25% of World GDP. It's by far the largest economy for now, until investment capital for R&D starts to dry up.
What happens if there's an international incident involving Iran, and you wake up to find the Chinese and Indian markets down 15% overnight, followed by a 600 point down day in the US, backed up by a few more several hundred point down days? Who's going to buy then? Don't you think something should be down about T+400 settlement times BEFORE something like that happens?
Short a solid company to below its liquidation value and there will be tender offers made right away. Short a solid company below its intrinsic value and big name institutions will have their valuation models glaring with BUY.
And the developmental stage companies? What's the intrinsic value of DNDN and their new cancer vaccine treatments for prostrate and breast cancer?
Better hope you die of something besides cancer because UBS is about to put DNDN out of operation. Who gives a crap really? Isn't it more important for Steve Cohen to be able to buy more art work, than for more effective cancer treatments to be made available?
What about MONEY? What happens when you buy and then don't deliver the cash to pay for the stock that you bought?
Now contrast the above to the reverse situation. What happens when you sell shares that you never borrowed or owned and refuse to deliver the shares? At what point do you have to return the money you received for selling these shares?
OSTK has been on the Reg. Sho List for more than 400 days. Wow, the stock exchanges are soooo highly advanced in the US, delivery in T+400 days, if ever. Makes me really want to invest my money in the US.
I do not see anyone complaining to this extent when these same companies are manipulating float and pushing their stock prices to absurd levels, ripping shorts apart.
Why should they? The SEC actually enforces those rules. Didn't you see the press release from Linda Thomsen going after those spammers promoting penny stocks? She barely saved the entire US financial system from major catastrophe. Quick, let's get the incompetent government hack a seven-figure job as a mouthpiece for the DTC.
You see, the difference between penny stock spammers and thieving hedge funds, is that a penny-stock scammer will never be able to increase an SEC official's salary by more than ten times from the low six-figures to the low seven-figures upon leaving the SEC.
I already said where I stand and I am more than familiar with what naked shorting can do to the whole market, as it was done in the 1930s. But then, there was a much bigger picture to look at, involving the whole financial system.
And it doesn't involve the whole financial system now? How can the London and Hong Kong exchanges be larger than the US? The US has about 25% of World GDP. It's by far the largest economy for now, until investment capital for R&D starts to dry up.
What happens if there's an international incident involving Iran, and you wake up to find the Chinese and Indian markets down 15% overnight, followed by a 600 point down day in the US, backed up by a few more several hundred point down days? Who's going to buy then? Don't you think something should be down about T+400 settlement times BEFORE something like that happens?
Short a solid company to below its liquidation value and there will be tender offers made right away. Short a solid company below its intrinsic value and big name institutions will have their valuation models glaring with BUY.
And the developmental stage companies? What's the intrinsic value of DNDN and their new cancer vaccine treatments for prostrate and breast cancer?
Better hope you die of something besides cancer because UBS is about to put DNDN out of operation. Who gives a crap really? Isn't it more important for Steve Cohen to be able to buy more art work, than for more effective cancer treatments to be made available?
Quote from Retief:
... it's free money, just keep selling.
Sure, no risk, just sell. Go ahead and try it then come back to us and let us know how you did. Shorting has an even greater risk than being long-you must know that a stock can only go to zero, and it will only go that low if it is worth that. Every share short is future demand. I know many traders who refuse to short a stock with more than a modest percentage of the float shorted. There is a good reason for this.
What about developmental stage companies, that IPOed to obtain capital to develop important inventions, you know, like a cure for cancer or AIDS, or a company developing a solution to the energy crisis? What happens when the shares of a company like that are shorted to zero by an infinite supply of shares flooding the market from naked shorting
Infinite supllies do not get shorted.... what did you read this false statement earlier on this thread and it fills the vast void between your ears so well that you must trumpet it in a chorus with the rest of the dummies?
Go ahead and short a company that is working on cancer or aids cure... I will get you a locate or even get long the stock and lend it to you personally so you can short it and collect the easy money.
What's the value of something in infinite supply, like the air you breathe or shares that can be sold with no limit as to the amount available?
There you go bellowing the "infinite supply" mantra again. That is too funny. There are not infinite shares being shorted. The amount of money waiting for values is much closer to infinite.