it’s not just naked short selling.
Obama signed the AIA, America Invents Act, which created the PTAB, The Patent Trial and Appeal Board.
This administrative body is able to invalidate patents after they have been issued. It has none of the protections for the patent holder that Article III courts provide. It’s common name is the Patent Death Squad. It has been killing patents at 90% rate.
The bill creating the PTAB was sponsored by the likes of Google- Obama had a Google lawyer running the Patent Office. Hedge funds, tech giants, and their cronies use the AIA and PTAB to kill small small firms and steal their patents.
Gonna DIG into that one and add it. Would you know if the patents killed are then given in another form to another company?
Yikes.
The plot thickens.
Google is EVERYWHERE.
Bagster
Sorry about not reading the end of your post. hypoglycemia drop.
protected by SCOTUS...grrrrrr, sigh.
Guess it’s up to Congress. I’ll hold my breath.
Wow! Did not know that.
I have some investments in small biotech stocks. I’ve watched some VERY strange actions there. Your posts might explain a lot more.
Here is what I thought was going on (and it may be just one more criminal thing among many). The company would develop a promising drug. It would go through whatever clinical trial stage it was at and everyone thought it would get approved for the next stage or for sale or whatever, then the FDA would INEXPLICABLY delay it. This would cause a stock drop and my theory was that insiders who knew what the FDA was going to do would profit from this by selling short.
There were additional irregularities, but that was one of the main ones.