Posted On: 01/28/2016 3:06:02 PM
Post# of 11039

How the retail investors get scammed: cd holders orchestrate pump and dump, clearing firms clear ahead of conversions allowing sales into the dump (essentially buying naked short shares, retail buys these through discount brokers
Thus why we have a clearing firm on the hook for the dividend and a discount broker protecting the clearing firm
Than the short and distort campaign starts, smb contrarians bans, mass deletions, FINRA halts sending stocks to greys, essentially Etrade sold stock like toilet paper and shareholders are left holding the bag
CROOKED POSs
Thus why we have a clearing firm on the hook for the dividend and a discount broker protecting the clearing firm
Than the short and distort campaign starts, smb contrarians bans, mass deletions, FINRA halts sending stocks to greys, essentially Etrade sold stock like toilet paper and shareholders are left holding the bag
CROOKED POSs

