Posted On: 06/11/2014 9:08:01 AM
Post# of 43065
Quote:
What a nice crime- the banks allow certs to be deposited. Their trading desks short the stock. They do not allow the depositors to buy. They do not need to borrow the stock. They route through NITE and ATDF. They drop the hammer on the pps, hoping the cert depositors eventually sell at a major loss.
cliff notes version >> and pretty much it in a nutshell
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