Quote from sprstpd:
Maybe he is writing about them because there might be something wrong with the fundamentals of the company. And the companies might be on the SHO list because everyone wants to short them. The simplest explanation is most of the time the correct one.
Whether or not the assertions in one particular post will be immediately confirmed by what is revealed, is besides the point. If you were in the market, you would understand that. People who are in the market, know what is going on. There are still stocks that find their appropriate price levels relative to others via fundamentals, news and other factors that make sense. But if you happen to be in one of those stocks when the players come in and want to cause some volatility, if you are in it on the wrong side, you're going to get hammered, for no good reason other than an exaggerated response to some minor news that will have no real significant impact one way or other or some other artificial machination.
Because many of these moves are not driven by any discernible rationale, traders outside of the loop are getting bagged left and right. Why do you think people in the market follow certain players in or out of a stock blindly? It's because they know that these players always win except when they're doing a head fake and end up bagging them. Ulcers. If you think it's because these certain few are genius, you're wrong. No one is that right all the time, not billion dollar right.
These are powerful people who have gotten away with things others would never be able to, and some just wouldn't even if they could, because of how insanely destructive the effect.
Do you think that Congress held hearings because they had nothing better to do with their time? Do you think that the Fed's recent expressed concern over the influence of hedge funds comes out of nowhere? Do you think the many trials that are going on all lack foundation? There is a growing concern and interest, the collective consciousness is beginning to get a sense about what is going on here. On a macro level, hedge funds are creating an ever-widening chasm between the rich and everyone else. On a micro level, people are losing out trade by trade. Somewhere between the both, companies are losing the hard earned cash that they need to grow their companies, invest in research and development and pay their employees a decent wage. Some companies have just gotten wiped out entirely.
Those who are still managing to do well despite the chaos aren't going to start complaining, they're just going to keep on pushing blindly through all of this hoping that they won't get caught on the wrong side when things turn. And things will turn.
The sign of intelligence is to be able to recognize subtle variances and larger patterns that are complex. That you seem to be heavily invested in denying the overall preponderance of evidence in favor of petty arguments about one piece in a puzzle that may or may not be revealed as evidentiary, speaks of a very literal point of view and one that is not informed.
But we've gone over this territory before and still you rattle on.