OSTK ceo
- Thread starter SWScapital
- Start date
OK:
Explain exactly how does shorting affect the day to day operations of the company....?????
The shares shorted are not owned by the company..these shares are in the secondary market....
If 10,000 shares are shorted on Monday, does that mean OSTK will sell less product on Tuesday???? Will shipping cost increase because of this short???
I would like to see how A is connected to B and then to C....
Don't post a link to some silly delusional article.....just post facts..
SteveD
Explain exactly how does shorting affect the day to day operations of the company....?????
The shares shorted are not owned by the company..these shares are in the secondary market....
If 10,000 shares are shorted on Monday, does that mean OSTK will sell less product on Tuesday???? Will shipping cost increase because of this short???
I would like to see how A is connected to B and then to C....
Don't post a link to some silly delusional article.....just post facts..
SteveD
These questions have been answered ad nauseum. YOU, do the research, and YOU answer them. And for the last time, we are not talking about legitimate shorting. If you read the link I gave you, and you didn't , because you just want to talk, and not work, you'd get the answer about how fake shares destroy valuations. So you read the llink, you post the answer, and you debate it till your hearts content. My God, we put a lawsuit up that documents they received SEC Documents, they referenced them, and someone says, "they don't have any evidence." Unbelievable.
ETF's, arbitrage. Read Cramer. He's giving up the farm. The fails? Why borrow when you 've got the system in place to fake the trades, and keep the vig.
These aren't Country Boys you're dealing with. However, the Country Boys are coming after them.
and lastly, the fundamentals. What difference does it make? The question is, does the dark side have the power to pour it on one more time, and crush the stock. Or, is there enough heat on, if you saw PBS, you saw Grassley and Spector, to scare the Prime Brokers to call in shares. Will Patrick say something positive in the conference call? If he says anything at all positive, the stock will go up six to eight bucks. If he stays negative, they lean on it. I have no position, but I will listen. You never know what 's up his sleeve.
You would be very surprised who monitors these boards. I do send the links out, and I do get some very interesting private messaging. You dark side guys, we win. But I think you're starting to realize that.
You see Cox leave the SEC, then hop on SHO stocks. He's not there because he's a security expert.
Oh, one more thing. "These shares are not issued by the company. They are in the Secondary Market." Juvenile comment at best, and it wasn't an "at best" comment.
You see, to issue shares, you need to be the company, and you need to file a registration statement. By Naked Shorting shares, you are making an illegal offering, AND YOU ARE SELLING UNREGISTERED SHARES. Also, these are SEC regulations, and the SEC refuses to enforce it's own rules. HELOOOOOOOOOOOOO???????
Look at your history books. They (doj)pinch you for what they can prove the easiest. The govt never got Elgindy on terrorism. He's in there on a bunch of other stuff. But, he's in jail
Valuations are merely what a security is worth. Market price is the most recent price that a buyer and seller agreed to. While valuations and market price may seem to be the same thing, they are entirely different.
In this case, it appears that the valuation is much lower than the market price. Therefore a sell is recommended.
In this case, it appears that the valuation is much lower than the market price. Therefore a sell is recommended.
I am afraid you have mischaratized what I said...."the shares are not OWNED by the company" is what I said.....you changed that to say "issued" by the company, which, of course, changes the meaning of the statement.....
Now, once again, how does shorting, naked or clothed, hurt the company?????
If this is what you are alleging happened you should be able to distinctly state in 2 or 3 sentences exactly how it works and how it damages the company.....
Not some theoretical circular illogical possibility dreamed up by a academia...
I don't mean to beat on you....but I do think it helps you to start to focus on the real problem of the company and what needs to be done with it.....
SteveD
Now, once again, how does shorting, naked or clothed, hurt the company?????
If this is what you are alleging happened you should be able to distinctly state in 2 or 3 sentences exactly how it works and how it damages the company.....
Not some theoretical circular illogical possibility dreamed up by a academia...
I don't mean to beat on you....but I do think it helps you to start to focus on the real problem of the company and what needs to be done with it.....
SteveD
How does the counterfeiting of any currency hurt the backer of that currency? In the case of a young company having access to funds through its equity is crucial, especially in a business where aggressive growth (funded by equity offerings) can make a significant difference in market share captured, which in turn can make or break the company. If its stock price is being artificially held down through the use of counterfeit shares it keeps potential investors away, does not allow the company to attract the talent it might otherwise with the prospect of lucrative stock options, and makes additional stock offerings to fund initial growth more difficult and less viable (not to mention robbing the company of funds it would otherwise have access to to fund the business) etc etc. Certain business models are particularly susceptible to early demise from lack of funds. Ones that require high market share and volume to generate a profit (like an OSTK) and ones that require a lot of investment in to research before being able to bring a product to market (like biotechs). If the investment is not available because the market due to manipulation is not reflecting a correct valuation (ie price per share as that is the only value that matters) then it can seriously injury a company and greatly diminish its chances of success.
Now I don't now if OSTK would have been helped or not with a non suppressed stock price but I do know that it certainly didn't help its chances of success by having an artificially low stock price. somewhere along the continuum of companies that are naked shorted there will be some that would not have survived anyway, some that would have been given more time to succeed, and some that would have done well but for the funds that the naked shorters robbed them of. While I know this is ET and the average IQ displayed by the vast majority of posters is very pleasing to this trader I just don't see why it is so difficult for some to make the connection that naked shorting is harmful in so many ways, to investors, the entrepreneurs that start these companies, their employees, the integrity of the markets, and the public who loss out on potential better mousetraps and lower prices.
I had a reporter from San Diego, oh, this was 2000 or so when we first were really understanding what was going on. He said San Diego lost an entire Biotech Industrial Park, and no one could figure out why. He knew. I know, and someday you will.
Biotech is an easy mark. They are so capital intensive. But thank you MVIC. Especially good point since I put the research paper on the site, the answers are there, and no one wants to read it.
Biotech is an easy mark. They are so capital intensive. But thank you MVIC. Especially good point since I put the research paper on the site, the answers are there, and no one wants to read it.
Last I knew overstock was still overvalued at $16 a share. I don't see how any of this "other information" changes that.
Something that I don't understand is why some think that Overstock should be compared to Amazon. Amazon is an entirely different business model and is a bad example for comparison.
Something that I don't understand is why some think that Overstock should be compared to Amazon. Amazon is an entirely different business model and is a bad example for comparison.