Patrick Byrne on Cramer................

tinfoil-hat.jpg
 
I think that the hyper critical people on this thread are the parasitic douchebags that Byrne is bringing to light.

When a CEO involves himself in philanthropy, art, golf, playing bridge, etc.... we view that as typical CEO activity.

But when a CEO starts pointing out how rotten our system has become - he is somehow ignoring his company, and those that listen are tin hat wearing freaks.

These ad hominem attacks serve only to redirect the discussion away from the original post.

How pathetic and how transparent.
 
really, steve? that's cool. and funny. too bad he didn't come out and say that before.

the part of this that seems to elude some (or maybe just the 'flytiger') is that:

-> byrne could be completely right about cramer, and STILL be a nutcase. and a terrible CEO. if he was no longer the CEO of the company, it would go up several points in a heartbeat.
-> cramer can be far from a market guru, and yet still want to help people out.
-> elgindy (who was acquitted of any pre-9/11 charges) can be a criminal several times over, and still have a good side to him that helps others out. here's one trader who cites amr as one of his three main influences:
http://www.davemanuel.com/2007/06/25/anthony-elgindy-a-big-influence-in-my-trading-career/

byrne's blog piece on cramer was all over the place, and could have / should have used much more damning evidence, which is out there with a little research.

stocks which were shorted to 100% (or more) of float include some such as TASR and TZOO. and because those companies had some combination of hype and future potential, the shorts got KILLED. they're far from the only examples. in fact, there's one that went up five-fold from its IPO price over four years, squeezing the shorts, making them run for the hills, despite not being a good company. oh, yeah, that's OSTK from 2002-2005. without the shorts, it never would have run as much.

and the illegal actions done on the short side of trading are nowhere near - not even in the same ballpark as - the illegal stuff done on the long side. when the long side illegalities are even close to those on the short side, i'll show a little more concern.
 
and the illegal actions done on the short side of trading are nowhere near - not even in the same ballpark as - the illegal stuff done on the long side. when the long side illegalities are even close to those on the short side, i'll show a little more concern.

________________________

I'm with you on this one, esp "not in the same ballpark". An "evil short" reporter, for example, may make a false 'tip" to the sec and cause a stock drop, but imo this washes out much faster than a nebulous footnote buried in a 10k.
 
Quote from flytiger:

You are just plain ignorant.

Amir, "anthony" "Tony" Elgindy is the son of Egyptian Nat'l s who fronted "charities" to raise money for terrorist organizations. On Sept 10, 2001, he told friends the Dow would drop 3000 pts while he had liquidated his only 'long' accounts, and wired the money to Lebonan. If you search the net, you can find all you want, plus, you can start to get a feel for his insider trading ring, where he had contacts to the FBI, and the SEC. As a matter of fact, even though there are very few pages publicaly available, he is seen calling a short on a stock the SEC will imminently announce they are about to investigate.

What in hell are you doing on this board if you are that ignorant.?

BTW, Elgindy was facing 25 to life, he got 11 plus. Wonder who he gave up? Look in Europe two years hence.

Jesus man, stay quiet and make people wonder how fucking stupid you really are.

On your other topic, saying naked shorting isn't responsilbe for OSTK decline. The NAASA held a forum, look it up, you'll learn something, where Ralph Lambiase, Ct.'s head of Security Investigation, asked the SEC panel pointedly how OSTK could possilbly be on the SHO list FOR EVERYSINGLE DAY THE SHO LIST EXISTED. Yeah, you're probably right. Just a coincidence. :eek:
More...
LMFAO, now I'm being chastised about not being up to date on some wall street/terrorist/naked shorting investigation that hasn't been in the news for a couple of years that I still don't give a shit about. Patrick Byrne is still a wackjob(even if he fights terrorism with his bare fucking hands). And apparently, so are you. Do you realize how bizarre your tangent has gotten?
 
I believe any article exposing Cramer is a good article even if its written by this Patrick Byrne guy.

Anyone can see the damning evidence by tuning in nightly to the Mad Money show. Watch him say a stock is going much higher then it crashes down. Watch him say a stock is going lower and then it rebounds nicely.

Its funny how all of the small cap loosely traded stocks he mentions have this mysterious volume the day before the show as if some type of news is out. One scan of the net and you find no news, why is the volume so high? Then it gets mentioned on the show that night.

If it were not for message boards and blogs then I dont believe Cramer would be so exposed. CNBC and Cramer have a good legal department and sue whoever publishes a book or comes out with a newspiece against them. However, they cant sue all the blogsters and message forums.

Good job Patrick...
 
Now that the assholes have emptied out the family photo albums, listen closely, and you will hear the next thing that will come home to roost. How do you think hedgies do 45% year after year? Talent? I know bright guys can't make a check. Seems llike everything they touch gets creamed. And then, they call the SEC, and not only will the SEC not help, but they investigate the tipster. Why didn't Elgindy ever have that problem??

You'll read about them in the new Fortune, as they try to shake out long holders into the open arms of the shorts.

http://youtube.com/watch?v=J8xG-nU81Do
 
Quote from pcdunham:

LMFAO, now I'm being chastised about not being up to date on some wall street/terrorist/naked shorting investigation that hasn't been in the news for a couple of years that I still don't give a shit about. Patrick Byrne is still a wackjob(even if he fights terrorism with his bare fucking hands). And apparently, so are you. Do you realize how bizarre your tangent has gotten?
More...

http://www.treas.gov:80/press/releases/hp898.htm

Now, you know the Govt only reacts. What is it, Einstein, you think they now see?????
 
You must log in or register to reply here.
Back
Top