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Post# of 807
Posted On: 07/06/2014 9:17:35 AM
Re: Eking4More #266
This one was quickly removd as being off topic at LieHub
Perhaps this will help some understand why so many folks are here being noble. Go GNCP!!!
Quote:
That control of the $XX million is consistent with the way shorts operate. They usually trade the stock to make the money they pay their employees with. Like I stated before, a naked short share is never covered and therefore never able to collect on. You guys call it a "FTD" but we call it a "terminal hang". Meaning, it hangs out there for eternity. Groups pay the shorts to destory the companies. The shorts generally try a pump and dump to raise some extra funds then short all shares that can be found, covering at the bottom after naked shorting about 10 times the O/S. So they make money up front, then pump and dump, then short every legal share they can get their hands on before naked shorting it all the way to the basement and covering the legal short they have. Yes, they make money 3 times on one company at the expense of the company and those who do not understand how the sub penny market operates.
Why cover at all if they are going to end up going naked at the end?
Quote:
When a short gets a job they want to make money too. The cost from the group hiring the short is nothing when compared to the money the shorts make when they destroy the comapnies. First there is an accumulation of shares. The shorts actually go long to start. Then they pump and dump those shares at the top. Then they instantly short the shares they sold. There are places around the world that will accept short sales on OTCBB and pinks. Then they naked short after taking their legal short position. The naked shares are never covered but the legal shares are covered at the bottom. The naked shares are used to ensure the price collapses so they can cover the legal shorts they have.
Perhaps this will help some understand why so many folks are here being noble. Go GNCP!!!
Quote:
That control of the $XX million is consistent with the way shorts operate. They usually trade the stock to make the money they pay their employees with. Like I stated before, a naked short share is never covered and therefore never able to collect on. You guys call it a "FTD" but we call it a "terminal hang". Meaning, it hangs out there for eternity. Groups pay the shorts to destory the companies. The shorts generally try a pump and dump to raise some extra funds then short all shares that can be found, covering at the bottom after naked shorting about 10 times the O/S. So they make money up front, then pump and dump, then short every legal share they can get their hands on before naked shorting it all the way to the basement and covering the legal short they have. Yes, they make money 3 times on one company at the expense of the company and those who do not understand how the sub penny market operates.
Why cover at all if they are going to end up going naked at the end?
Quote:
When a short gets a job they want to make money too. The cost from the group hiring the short is nothing when compared to the money the shorts make when they destroy the comapnies. First there is an accumulation of shares. The shorts actually go long to start. Then they pump and dump those shares at the top. Then they instantly short the shares they sold. There are places around the world that will accept short sales on OTCBB and pinks. Then they naked short after taking their legal short position. The naked shares are never covered but the legal shares are covered at the bottom. The naked shares are used to ensure the price collapses so they can cover the legal shorts they have.
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