OSTK ceo

I think regulators are likely to look at this problem a bit differently.

It is quite obvious that many of these firms are eggregiously overvalued, and that anybody shorting them is performing a public good.

So what is the problem, the naked shorts or the less-than-ideal rules??

If Byrne really wants to be done with it he should simply take it private - dealing with regulators is likely nothing but a big pain in the ass and a waste of time.

Think about it - what regulator wants to cause all these dogs-with-fleas to spike through the roof when they finally start enforcing a rule they've ignored for so long? Just doesn't seem likely ...
 
they don't want to enforce it. You are correct. But we have a grass roots effort going, and it will be enforced, to the detriment of many.

Look at DECK. Chart looks like death. I tried to borrow this morning, but couldn't get a locate. Guess why it's a tough borrow. SHO list. But I'll be t the hedgies can short it. Is that the playing field you guys want?
 
Quote from flytiger:

they don't want to enforce it. You are correct. But we have a grass roots effort going, and it will be enforced, to the detriment of many.

Look at DECK. Chart looks like death. I tried to borrow this morning, but couldn't get a locate. Guess why it's a tough borrow. SHO list. But I'll be t the hedgies can short it. Is that the playing field you guys want?
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I doubt the rules would simply be enforced. More likely they will be ammended, suspended or ... who knows.
 
Quote from BlueHorseshoe:

I think regulators are likely to look at this problem a bit differently.

It is quite obvious that many of these firms are eggregiously overvalued, and that anybody shorting them is performing a public good.

So what is the problem, the naked shorts or the less-than-ideal rules??

If Byrne really wants to be done with it he should simply take it private - dealing with regulators is likely nothing but a big pain in the ass and a waste of time.

Think about it - what regulator wants to cause all these dogs-with-fleas to spike through the roof when they finally start enforcing a rule they've ignored for so long? Just doesn't seem likely ...
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it is not the regs duty to prevent "spikes" caused by illegals covering. what we have here is financial assault. we have complicity by the media and govt officials. why are people supporting this theft??? this is transfer of wealth on a huge scale........ Flytiger has done us a great service alerting us to this scam by the hedgies. you people that attack him are the scum of the earth.
 
Well said RBoy! I'm sticking to my guns on OSTK as it seems obvious to me that the side with the strongest hand here is the company and its shareholders. Going to look at INGN too, thanks Chaos.
 
.......this is the newsletter of the Pipes financier. Author Brett Goetshius has very fairly covered the story. $1500 a year, so I'll paraphrase.......... dated 10/1

"AFFADAVITS.........PAINT RESEARCH FIRM AS HIRED GUN FOR SHORTS"
"Several former employees accuse Gradient Analytics of being a shill..........so clients could trade ahead of release". Sworn affadavits were obtained by TPR.

"suggest that "the Street.com" participated in preparing and leaking Gradient's negative reports to the market ahead of their release" (Hey, Cramer bashers).

"In one instance, Gradient set up an office for a "TheStreet.com editore working as a esearch assistant for Herb Greenberg so that editor could ghost-write custom research reports.........."

It just gets ugly from there. "The A charge that Gradient clients including Rocker requested that the firm delay publishing completed custom reports for 3 to 5 days until short positions could be taken........"

You all really know this stuff goes on, but did now that you get to read it, you seem surprised, like when you first found out Mommy and Daddy had sex to get you here. Well, now you now that whips and chains were involved. I hate to tell you Santa is dead, but why should I be the only one miserable.

Ok, shorts, they were fired, they stole, they beat their wife and kids. What ever. They are sworn affadavits. Pretty severe consequences if they are lying, unlike if they just manipulated markets.

You read my posts. All of them. you know I'm not lying. How about helping us out and showing some outrage to those who use our markets as their personal toilets!!!!!!!!!!!!!!!!!!!!!!!!!!!
 
"http://bobosrevenge.blogspot.com/"

Remember that Byrne and O'Brien are late to my party. I've been there a long, long time.

We are not talking about one guy acting on inside information here. We are talking a fraud that involves millions of investors, hundreds of thousands of jobs, and trillions of dollars. Not only do we have to stop it, but we have to get the rogues out of power postions that allowed this to happen in the first place. And who cares if you like Pat Brynes? SETTLE THE TRADES.
 
http://ncans.net/complaints.htm

The banking committee has been beating around this. Seems the hedgies told them it was no big deal. Then the SEC said it was no big deal, but when they asked how big it was, the SEC said it didn't know. That flew like a lead airplane.

Write and complain. If you believe Reg Sho doesn't work, tell them. This is where it has to end.
 
http://biz.yahoo.com/ts/051006/10245895.html?.v=1

At some point, I posted something about SDNA, and said if you studied the SEC actions in favor of the company, and against the likes of REFCO, you'd see the beginning of the end. Here's more of the same. But, as traders, you should be able to visualize a convertible, pat on the ass, naked shorting the shit out of the stock, and maybe replacing it later w/stock you get at probably, when all is said and done, a 25% discount to market. You can see many times why bother to replace it, zero is the target.

And all the newbies envy hedgefunds. Hell, anybody can make a profit if you cheat and steal, and get big enough to hire lobbyists, and have Ron Insana press his lips on your ass so you'll come on his show and gush when he says how smart you are.

Pounding OSTK today, as they will everytime they can. I believe it's suicide at this point. But, have at it boys. I guess another stategy they are using here is "bullets". Some option nerd, check it out for me. I know it's illegal, but that won't stop them, and neither will the authorities.
 
Quote from flytiger:

"http://bobosrevenge.blogspot.com/"

Remember that Byrne and O'Brien are late to my party. I've been there a long, long time.

We are not talking about one guy acting on inside information here. We are talking a fraud that involves millions of investors, hundreds of thousands of jobs, and trillions of dollars. Not only do we have to stop it, but we have to get the rogues out of power postions that allowed this to happen in the first place. And who cares if you like Pat Brynes? SETTLE THE TRADES.
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how stupid is this Pat Brynes guy? he is spending good money to buy back his stock. i could see if it was a good company but ostk is a crappy over hyped internet stock that will probably see single digits some day. if he had any brains he would sell his stock and buy ebay or some other company that has a chance of making money.
 
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