I havent called anybody here a basher but just res
Post# of 9122
When the great recession hit, congressional investigations showed that shorters contributed to the recession via their tactics so shorting was prohibited in certain financial areas for a limited time-Lehman brothers fell 62% in a day!? w the aid of high speed trading etc
my best friend who had a successful construction co had just built a large house just before the recession-which stopped all construction work for his co- large retailers immediately mothballed stores 90% finished!!! -the speed was overnight/amazing as if they were expecting the end of the world.
So in desperation my friend started in pennies mar 09-nadir of market at 6500 DJA, and made a 40 fold profit in next 6 months-not enough to solve his problems -so he kept begging me to add my money so he could avoid foreclosure on his new house.
I had ZERO interest in stocks but to help him out -save his house and try to save his life- I finally relented- but then the market turned and bashers became vicious and seemingly attacked every stock he got us into so we lost greatly after my entrance.
I didnt even know shorters existed until the great recession -and thought, is this how sick society has become -people are openly rewarded for defamation libel many shorters cant resist for profit- stealing killing and destroying-in the real world people are jailed for those things -millions of people were greatly harmed by the great recession and fall of stock prices,losing retirements and homes and sometimes their lives like my best friend,leaving me holding the bag in many ways.
I was amazed by bashers tactics. One very rare successful mining startup was supposedly targeted by a hedge fund and the finra listed short volume was 65-95% for many months. When the pps was rapidly rising due to imminent substantial revenue shorters pulled another trick out of their bag-they told non-regulatory OTC that the pps rise was the result of a massive newsletter promo-there was no promo at that time as the co noted- but otc personally told me on the phone they merely looked at the charts and said the multi-day gapping- even intraday - does not usually occur without a massive promo-so otc slapped a ce on the stock -which didnt stop pps from rising due to the imminent massive revenues-
so shorters and mm's and dtc upped the ante w a trade for trade dtc restriction. the well known shorts leader even admitted to being an informant for the sec,which was reportedly charged by a political leader who decided business was evil and had to be stopped (personally saw the sympathetic doc on a liberal tv station) so when he gained higher office in 2009,frustrated he couldnt do much about big business due to their political etc connections, reportedly ordered many agencies to target small business, including the low priced pennies,which created a sea change in penny stocks beginning in 2009,making it difficult for longs to profit anywhere.
Companies were targeted by many agencies in what looks like a conspiracy and constitutional mandates were violated like never before. Agencies revoked previously issued permits -dooming many startups to bankruptcy. FBI and sec etc conducted sting operations against these small pennies.
brokers who have always hated low price pennies were apparently given the greenlight by regulatory agencies to attack these stocks and in conjunction w closely allied dtc put thousands of stocks on restriction without warning-a private eminent domain unlawful taking without warning that begs and calls for a class action lawsuit.
Brokers shorted our own stocks against us in blatant violation of their fiduciary duty after putting our stocks on restriction without notice-nobody could buy-only sell-a shorters paradise-unbelievable unconstitutional dictatorship tactics.
If those and many other tactics didnt completely destroy the stock, dtc, without due process, levied a global chill w no listed proof of any wrongdoing by the co and no due process procedure to remove the same.
Targeted CEO's were jailed for promos of years ago,and even when judges dismissed sec actions against co's and co's were given a clean bill of health -dtc still came in as another dancing chicken to issue a global chill to bring stocks to .0001 and destroy longs.
Most of this was an unconstitutional taking without due process because that politician who decided business was evil and had to be stopped apparently green-lighted and ordered agencies,who further green-lighted brokers and otc etc, to take these unbelievable never before seen unconstitutional actions, which were many times apparently coordinated w shorters,as the leader of a certain well known shorting group admitted they were an informant for the sec and a certain co was targeted by their groups because it was the only real co (the only co not already at or near .0001) in a list of co's targeted by shorters and the sec.
The amazing thing is all this destructive action is being taken on the heels of the great recession which so scared people and the feds themselves that the central banks have multiplied the money supply several times over without much real effect,showing that an unstoppable depression is a very real possibility- and yet those agencies following that politicians unconstitutional orders, seem to be working in tandem w bashers to bring that about since, "business is evil and has to be stopped".
Well, you cant destroy business without destroying the economy, the nation and the people- how hard is that to figure out and so many even wonder if this is part of china's economic war (like their organized cyber-invasions) against the usa and the west for world domination- especially on the heels of the great recession,which had economists terrified we were going to have another 1930's depression.
Some apparently want to economically bomb us back to the stone age-and then what-how would they then spend their ill gotten gains.