"Excellent article. I have been trading large positions since 2008, with a few hundred invested on any given day. I have seen this eveidenced in the real world many, many times. It is easy to verify if you doubt it. Read the filings of people like Empry, Sabby, and track the penny stocks they buy. It’s like clockwork for these guys.
This is a MUST READ and should be shared in all of penny land."
I think it's a Trojan Horse that is run by establishment -- not Russians (google, facebook etc). I've caught the wayback machine removing pages several times recently, so I suspect they are providing this fake alternative. It was banned on wikipedia for a long time, and many suspected that there could be hacking issues.
The obtuse responses are .....sick.....seriously, that's the only word you can use -- sick
I'm not answering your question because the answer is very obvious...
When you don't know all the answers -- which happens very frequently in life -- you are forced to ask questions and engage in speculation. I know software programmers are very straight edge and left brained, but this is getting to be a joke...
Pathetic. The internet has been taken over by hoards of self-righteous, naive, know-it-all's from Silicon Valley who for the most part grew up in the Suburbs living sheltered lives...Ideologues who have spent most of their life in school and staring at a computer screen...
So disgusted with the misinformed obtuse responses that I feel I need to defend myself and break down every one
"The closest thing I can see is that the shorts are accused of closing their short position by acquiring shares in a secondary offering, which not only is legal, but also a smart thing to do if you think the offering is priced high and you're short."
Actually it's not legal. The reason why its not legal is because of what you said in the last sentence. You have to announce an offering beforehand so investors know what's coming. Pumping up the price with foreknowledge of an offering so you can short it to unsuspecting investors is obviously fraudulent.
"I don't blame you, the author miss uses the term short sellers in the beginning then uses it correctly later on. Which is confusing, initially they use the term to mean "any investor selling their shares of stock" which is annoying.
Then later they use it correctly WRT a firm needing to buy the shares they sold back to give them back to the original lender, which I assume in this case is Charles Schwab."
What are you talking about???????????????? There is literally zero truth to that statement at all, and it's the definition of obtuse
See this is the problem with micromanaging forums. All the naysayers are completely wrong, and now the post is flagged, even though hundreds of people read it and seemed to enjoy it.
Truly sick
Oh by the way, nobody knows about Gun and Run. It's a niche industry secret that I just shared with you for free...
"Excellent article. I have been trading large positions since 2008, with a few hundred invested on any given day. I have seen this eveidenced in the real world many, many times. It is easy to verify if you doubt it. Read the filings of people like Empry, Sabby, and track the penny stocks they buy. It’s like clockwork for these guys. This is a MUST READ and should be shared in all of penny land."
https://news.ycombinator.com/item?id=23052058