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Post by Stop Naked Shorting on Sept 24, 2014 15:42:27 GMT -5
Real Short interest number as of 9/15 were reported today and increased just over 200k shares. IMO I see this as more proof that naked shorting was increased to extreme levels since 8/29 and shorts who couldn't find enough shares to borrow resorted to naked shorting to manipulate PPS lower and had to focus on covering naked short position vs real short position or else real short position would of been reduced by millions of shares. I find it hard to believe about 200k increase in short position would cause such a continuous drop in PPS and keep it at low $6 level.
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Post by kc on Sept 24, 2014 16:37:28 GMT -5
We all need to file with the SEC the same short report that they publish and ask them to investigate. If they get 50 copies from all of us then it heats up the game.
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Post by kc on Sept 27, 2014 14:41:38 GMT -5
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Post by ashiwi on Sept 27, 2014 17:37:49 GMT -5
Great article. You could easily just plug MNKD into it. It's criminal and the SEC needs to do something about it.
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Post by Stop Naked Shorting on Sept 28, 2014 13:20:40 GMT -5
I have sent an email to NWBO management to invite them and their shareholders to join in our lawsuit / mass media effort to stop naked shorting. As those of you whom are on my alfredamus@yahoo update list know, on Friday I sent Mark Mitchell of Deep Capture and former SEC employee turned whistleblower Gary Aguirre whom was successful in suing SEC ( see Wikipedia bio on Attorney Gary Aguirre) as well as MNKD management all an email asking them to join our lawsuit / mass media effort. If anyone knows of any other companies recently victimized by naked shorting please let me know. Thanks for your support. |
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Post by thekindaguyiyam on Sept 28, 2014 13:26:31 GMT -5
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Post by trenddiver on Sept 28, 2014 13:34:30 GMT -5
Thought I would do my own DD on NWBO figuring that maybe this is a good buying opportunity. There are many recent SA about NWBO and many concerns about the company are raised including significant shareholder conflicts of interest, and the efficacy of their product. The only things that this company seems to have in common with MNKD is AF bashing and a large short interest, which may not be unwarranted in NWBO case. I'm going to continue doing more DD, and will post my thoughts.
Trend
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Post by liane on Sept 28, 2014 13:58:39 GMT -5
Have to agree with you trend. I had the same thought - was this a buying opportunity. Spent about 15 min looking into it and came the same conclusion. Haven't had any time to dig deeper.
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Post by brentie on Sept 28, 2014 19:28:01 GMT -5
Northwest Biotherapeutics: Washington Post Calls for Investigation of Hedge Fund Stock Trading Practices smithonstocks.com/northwest-biotherapeutics-washington-post-calls-for-investigation-of-hedge-fund-stock-trading-practices/"If hedge funds are indeed collaborating in a stock manipulation scheme, they are now faced with the probability of possible SEC and Congressional investigations accompanied by an FBI probe and media digging. For the first time, they could be facing investigations from institutions with subpoena powers. If there is coordinated trading and naked shorting and fomenting by friendly bloggers as has been alleged, it will be discovered. If the Post is correct, we may be in the early days in an intensive Watergate like investigation that could expose a criminal enterprise of vast proportions." |
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Post by kc on Sept 28, 2014 21:36:23 GMT -5
Brentie...this is really an eye opener. It tells us exactly why we have 74,000,000 shorts that can't cover. We need to bring down the hedges.
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Post by Chris-C on Sept 28, 2014 23:36:44 GMT -5
Brentie...this is really an eye opener. It tells us exactly why we have 74,000,000 shorts that can't cover. We need to bring down the hedges. Perhaps the most insidious and irksome part of the problem, aside from antiquated securities laws, a Congress that is bought by big money, and a timid enforcement mentality by the SEC, are the lack of awareness or concern by the general public and the widespread sentiment among many short side traders who are aware of the manipulation and "reason" that as long as the playing field is not level, they might as well move to the advantaged side. Emile Durkheim, the famous sociologist, once observed that " When mores are sufficient, laws are unnecessary; when mores are insufficient, laws are unenforceable.” Interpreted in the present circumstance, this quote suggests that until there is a broader more collective sense of indignation against market manipulation, it will be difficult to enforce and change. Personally, I think that, if they knew about the problem and understood it, most people would be outraged that some people on Wall Street can skirt laws and trade stocks they don't even own for their personal gain without being subject to criminal prosecution for fraud. I will continue to support the efforts of organizations (like CREW), that call out violators and insist on enforcement of existing laws to level the playing field. I have no problem with standing up for ethical conduct in all aspects of the market, in government and in business. Nor do I have a problem with calling out people who are complacent about it, because there is really no middle ground here. As Durkheim suggests, if you are a member of society and you are not part of the solution, you are part of the problem, because the collective consciousness is the most important influence on individual behaviors. To deny or excuse these behaviors (as some on this board have done) is to condone them and become part of the problem. GLTAL Chris-C |
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Post by vissertrades on Sept 29, 2014 10:45:37 GMT -5
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Post by vissertrades on Sept 29, 2014 10:47:08 GMT -5
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Post by esstan2001 on Sept 29, 2014 11:36:49 GMT -5
IMO this articles claims to present a balanced review are weak.
How can they possibly view naked SS as unlikely to have detrimental effects on capital markets, and as a vehicle to provide socially valuable pricing signals...
NAKED short selling is transacting NOTHING mixed in together with market of real securities. It has to create distortions well beyond that of compliant shorting based on borrowed or located shares.
Here is my solution to provide balance-
NAKED LONG BUYING (oh, I can hear the comments now...)
While we are at it, lets do it with Money that we can not borrow, and does not exist either (I think the Gov't can supply us some of that)
:-)
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Post by vissertrades on Sept 29, 2014 12:17:38 GMT -5
The question I have is how many NSS are settled? And in what time frame? So "they" can sell short and look to borrow shares later? There is even a mechanism for this type of settlement...Crazy!
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