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Innovation Pharmaceuticals IPIX
(Total Views: 231)
Posted On: 07/20/2017 10:09:38 AM
Post# of 72447
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Posted By: Drano
Re: scgmck1 #36043
Just like the lying troll here, Shkreli used "social media" to hammer stocks he shorted. Does this sound familiar to anyone -- especially his choice of forum --

Quote:

While at MSMB, he started writing on a stock blogging website, Seeking Alpha . Shkreli wrote reports similar to Doyle’s, citing half-truths and innuendo calling for a company’s stock to drop from, say, $10 to $1. This would allow stock speculators who were shorting the company’s stock to profit if a decline took place. Shkreli often stated that he could or would short a company that he was exposing, and often bragged on Twitter about making money this way.



It's worthwhile to read the article. It will sound familiar to those of us who know how IPIX was attacked, and of course it also talks about how the SEC has no interest in pursuing these abusive short-sellers.

https://www.statnews.com/2017/07/20/martin-sh...ch-stocks/

This, of course, is why internet trolls affiliated with trading gangs continually say that the SEC is just swell. Of course they like the SEC, it lets the criminals flourish.













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