Sox: If you read the post I made yesterday Patric
Post# of 72444
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Posted On: 01/26/2018 11:36:27 AM
Sox: If you read the post I made yesterday Patrick Byrne of Overstock share publicly the fact it cost him 20 million in legal fees to obtain proof that Goldman Sachs among others was shorting his stock. Now if we had tens of millions on the balance sheet I would agree with you about Leo going after the shorts. Since we don't we are all going to have to wait until we do have plenty of cash on hand, a day we both hope is close at hand.
We agree Aspire for sure and possibly Aruda have sold shares but the rate is only about 8 million shares per year thanks to remarkable control excercised by Leo. That 8 million has easily been absorbed by investors thanks to the continuing success of our trials. Based on those trial successes we should be trading for dollars not pennies in my opinion and would be were we not under attack by short sellers. The short sellers want the price to steadily decrease and it has been doing just that.
While no doubt some investors may be scared away because of the company being under attack by short sellers there are other investors who conversely are attracted to the stock for the very same reasons. These investors understand the risk but also appreciate that they are being allowed to purchase many more shares for fewer dollars were the company not under attack.
I do not think I am exposing them, I am merely reporting the results of their daily activity. The short sellers who are trying to bankrupt the company and steal all of our investments are not retail and what they are doing is criminal. If you saw a crime being committed would you report it or would you look the other way. Our regulators are looking the other way and that is pathetic.
I have no problem btw with daytraders. Let them do what they do. I am a long term investor who expect to pass on most of my shares to the next generation. Go IPIX!!!
Please make the time to contact your elected officials and demand an end to abusive naked shorting which is criminal.
We agree Aspire for sure and possibly Aruda have sold shares but the rate is only about 8 million shares per year thanks to remarkable control excercised by Leo. That 8 million has easily been absorbed by investors thanks to the continuing success of our trials. Based on those trial successes we should be trading for dollars not pennies in my opinion and would be were we not under attack by short sellers. The short sellers want the price to steadily decrease and it has been doing just that.
While no doubt some investors may be scared away because of the company being under attack by short sellers there are other investors who conversely are attracted to the stock for the very same reasons. These investors understand the risk but also appreciate that they are being allowed to purchase many more shares for fewer dollars were the company not under attack.
I do not think I am exposing them, I am merely reporting the results of their daily activity. The short sellers who are trying to bankrupt the company and steal all of our investments are not retail and what they are doing is criminal. If you saw a crime being committed would you report it or would you look the other way. Our regulators are looking the other way and that is pathetic.
I have no problem btw with daytraders. Let them do what they do. I am a long term investor who expect to pass on most of my shares to the next generation. Go IPIX!!!
Please make the time to contact your elected officials and demand an end to abusive naked shorting which is criminal.
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