interesting blog.... funny how the michael milken name keeps popping up:
http://bobosrevenge.blogspot.com/
http://bobosrevenge.blogspot.com/
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Patrick Byrns goes crazy on CNBC
- Thread starter mahram
- Start date
Someone in the biz just reminded me Pat's dad founded Geico. That he grew up knowing Buffett. It is better to be crazy and rich than just crazy
this person reminded me that not do the shorts have friends, but so do the longs. and in this case, the longs swing a big one. Not that much stock left. Rich people don't like to be screwed w/. This should be fun as it plays out.
this person reminded me that not do the shorts have friends, but so do the longs. and in this case, the longs swing a big one. Not that much stock left. Rich people don't like to be screwed w/. This should be fun as it plays out.
Quote from flytiger:
Someone in the biz just reminded me Pat's dad founded Geico. That he grew up knowing Buffett. It is better to be crazy and rich than just crazy
this person reminded me that not do the shorts have friends, but so do the longs. and in this case, the longs swing a big one. Not that much stock left. Rich people don't like to be screwed w/. This should be fun as it plays out.
Just a simple yes or no ,ok. Are you "Bob O'Brien?"
lol you better watch that cnbc video again, thats what it sounded to me, its because he is so confusing. He makes claims, and then goes into another stream of thought, he mixes in naked short selling but then sues for insider trading, or is it insider trading. It turns out tobe some obscure state law in california. Why doesnt he take it out to the federal system or sec. If he has a beef take it to the real courts, not the jokesters in the state system.
Quote from Rearden Metal:
You need to straighten out your facts.
A: Byrne never claimed that "him and family owns 98% of the float". He included the top ten institutional holders in ownership of the vast majority of the OSTK float.
B: Byrne personally holds 5,830,632 shares.
http://finance.lycos.com/qc/research/topholders.aspx?symbols=NASDAQ:OSTK
My first reaction to this story was 'Why bother going after short sellers. Make money, and your share price will go up naturally.' ...Then I realized that if I were the victim of of almost 6 million counterfeit shares getting dumped on the market, 'journalists' conspiring to drive down the share price on their own timetable, and to add insult to injury, the damn SEC decides to investigate ME instead of the actual lawbreakers- well, I'd be pretty damn pissed too!
Quote from mahram:
lol you better watch that cnbc video again, thats what it sounded to me, its because he is so confusing. He makes claims, and then goes into another stream of thought, he mixes in naked short selling but then sues for insider trading, or is it insider trading. It turns out tobe some obscure state law in california. Why doesnt he take it out to the federal system or sec. If he has a beef take it to the real courts, not the jokesters in the state system.
given your poor grammatical skills, i find it very difficult to follow your train of thought. maybe thats why you didn't understand the interview. not trying to bash you, but given your critique of patrick i would think you would be careful not to sound so fragmented yourself. just curious where you're from and what is your interest in this dynamic. you are the one that started the thread and immediately tried to parrot the msm bashing and labeling. i found it even more odd when i watched the interview and found byrnes to be extremely sharp. you must remember, we are not the public and we do not buy into charlatan pump and dump operators like yourself. go sell crazy somewhere else.
This thread's outlandish title is typical of certain ET overly excitable, attention-needy, knee-jerk thread-starters.Quote from ratboy88:
given your poor grammatical skills, [mahram,] i find it very difficult to follow your train of thought.
maybe thats why you didn't understand the interview...
you are the one that started the thread and immediately tried to parrot the msm bashing and labeling.
i found it even more odd when i watched the interview and found byrnes to be extremely sharp...
go sell crazy somewhere else.