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OSTK ceo
- Thread starter SWScapital
- Start date
It is a totally different stock, isn't it.? They still can whiff it down fitty cent in a whoosh, but it is really different. What more can you ask for as a daytrader?
Today I got a call that TASR was being bought in, pressure from Arizona AG. I don't know about that, but it was being bought in. MSO,OSTK, TASR........ it seems the STATE meeting has them spooked. Of couirse, Carol Remond came out with her usual bullshit story filled with lies that spins the shorts' side. She probably got the call from her "other boss" telling her to defend. What I find funny is, there hasn't been any positive press about the meeting, and she goes negative. I'd have said nothing!.
Of course, expect the other side to follow Bluehorseshoe logic, "well, they all run this time of year". But you guys are seeing the difference.
Unfortunately, the damage done her is probably not repairable, at least fully. You'll see failures, bankrupcies, lost pensions. You won't believe this story for a while, but it is financial brutality. Hedge funds used to be, buy F, sell GM. Or, buy the convertible, sell the common. These animals just terrorize people. Wait till the stories about threatening CEO's come out. That's right! Actually threatening corporate officers with physical harm, even death.
For now, I hope all you guys tune in, and make money. Because that causes the bastards pain. And I'll never get back the years they stole while we were chasing them, it gives me a perverse kind of thrill. Go back and read all the posts. You'll see I haven't missed yet.
Today I got a call that TASR was being bought in, pressure from Arizona AG. I don't know about that, but it was being bought in. MSO,OSTK, TASR........ it seems the STATE meeting has them spooked. Of couirse, Carol Remond came out with her usual bullshit story filled with lies that spins the shorts' side. She probably got the call from her "other boss" telling her to defend. What I find funny is, there hasn't been any positive press about the meeting, and she goes negative. I'd have said nothing!.
Of course, expect the other side to follow Bluehorseshoe logic, "well, they all run this time of year". But you guys are seeing the difference.
Unfortunately, the damage done her is probably not repairable, at least fully. You'll see failures, bankrupcies, lost pensions. You won't believe this story for a while, but it is financial brutality. Hedge funds used to be, buy F, sell GM. Or, buy the convertible, sell the common. These animals just terrorize people. Wait till the stories about threatening CEO's come out. That's right! Actually threatening corporate officers with physical harm, even death.
For now, I hope all you guys tune in, and make money. Because that causes the bastards pain. And I'll never get back the years they stole while we were chasing them, it gives me a perverse kind of thrill. Go back and read all the posts. You'll see I haven't missed yet.
11/25/05
The OSTK short interest is just in for 11/15, at 7,170,005 shares, or an amazing 75.30% of the eligible OSTK shares on deposit at the DTCC (9.5 million shares). And OSTK has also been on the Reg SHO list since January, with a brief break of a few weeks in the middle. How can companies like NFI and OSTK, which have huge short interests, stay on SHO for months, if any rules are being enforced? from ncans.com
from me..........
Obviously, rules aren't being forced. However, that aside, how in the world could anybody believe that these shares were properly hypothecated, borrowed, and then shorted. Would anyone believe that 75% of any stock was in margin?????????? This is would be an embarrasment to the industry, but that's like trying to shame a dog into using a restroom. Why have any remorse when any fine is a fraction of the "profit"?
Remember, no one but the DTCC and SEC know the number of naked shorts. The bears........ bears implies honest locates... the pigs are making an all out bet here. There is no where for them to go. They'll need a Tasr like announcement to have even a chance to cover before Wednesday.
Oh well. I understand from the news I 'm really concerned about the Alito nomination, so I shouldn't pay attention to this.
The OSTK short interest is just in for 11/15, at 7,170,005 shares, or an amazing 75.30% of the eligible OSTK shares on deposit at the DTCC (9.5 million shares). And OSTK has also been on the Reg SHO list since January, with a brief break of a few weeks in the middle. How can companies like NFI and OSTK, which have huge short interests, stay on SHO for months, if any rules are being enforced? from ncans.com
from me..........
Obviously, rules aren't being forced. However, that aside, how in the world could anybody believe that these shares were properly hypothecated, borrowed, and then shorted. Would anyone believe that 75% of any stock was in margin?????????? This is would be an embarrasment to the industry, but that's like trying to shame a dog into using a restroom. Why have any remorse when any fine is a fraction of the "profit"?
Remember, no one but the DTCC and SEC know the number of naked shorts. The bears........ bears implies honest locates... the pigs are making an all out bet here. There is no where for them to go. They'll need a Tasr like announcement to have even a chance to cover before Wednesday.
Oh well. I understand from the news I 'm really concerned about the Alito nomination, so I shouldn't pay attention to this.
flytiger,
Give it up already. If you were positioned long in TASR or OSTK for your imaginary "panic buy-in", then you would be getting crushed right now.
The same crushing you would have gotten had you bought OSTK the day this thread was started or almost any day since.
On August 17th (day one of this thread), the high on OSTK was 44.50. Outside of a one day pop to 44.75 a few weeks later, this dogshit stock has done nothing but go down.
Give it up already. If you were positioned long in TASR or OSTK for your imaginary "panic buy-in", then you would be getting crushed right now.
The same crushing you would have gotten had you bought OSTK the day this thread was started or almost any day since.
On August 17th (day one of this thread), the high on OSTK was 44.50. Outside of a one day pop to 44.75 a few weeks later, this dogshit stock has done nothing but go down.
Quote from flytiger:
Ya think?
See you at Rockers' Christmas party. It's in a phone booth at a Shop Rite in Newark
What a surprise!!! OSTK is up and flytiger makes an appearance.
Why don't you just admit that you've been dead wrong for the last 4 months. If I bought OSTK right now, it would be about 6% lower than when this thread started (and let's not forget about the 25% drawdown from August until late October).
so the trial date won't moved forward until they find some new lawyer?
So what's your point?