Posted On: 04/16/2016 2:45:41 PM
Post# of 96901
I love this part...
David Wenger: Well, you first have to understand if it’s happening. And I think there’s an overwhelming body of evidence out there to suggest or verify that it is in fact happening. The next question becomes, is it happening to you? And you’ve got to ask yourself, has your share price decreased in value for the last several months in a row for no apparent reason? Does your stock come under selling pressure any time there’s a press release, regardless of how positive the news is? Are people making negative, slanderous posts on message boards? And so on.
We can tell a company if this is happening, and we can identify parties to a transaction which are resulting in fails in the settlement process. This DrilDown software that we’ve created tracks settlements. It tracks long positions. And where we can see anomalies in the data, and identify party to the transactions, we can begin to see who and what and why and how this is happening and advise the client issuer company on meaningful action steps. This is actionable data."
David Wenger: Well, you first have to understand if it’s happening. And I think there’s an overwhelming body of evidence out there to suggest or verify that it is in fact happening. The next question becomes, is it happening to you? And you’ve got to ask yourself, has your share price decreased in value for the last several months in a row for no apparent reason? Does your stock come under selling pressure any time there’s a press release, regardless of how positive the news is? Are people making negative, slanderous posts on message boards? And so on.
We can tell a company if this is happening, and we can identify parties to a transaction which are resulting in fails in the settlement process. This DrilDown software that we’ve created tracks settlements. It tracks long positions. And where we can see anomalies in the data, and identify party to the transactions, we can begin to see who and what and why and how this is happening and advise the client issuer company on meaningful action steps. This is actionable data."
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