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STOCKGATE The Counterfeiting Of American Stock Shares.
financialwire.net ^
| 8/25/05
| financialwire.net via COMTEX
Posted on 08/25/2005 1:35:04 PM PDT by abletruth
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To: antaresequity
First off the CEO has been buying in to his own stock in 50k blocks for the last year or two...and he is demanding physical delivery of the shares.This would appear not to be the case.
Insider & restricted shareholder transactions
The reason the ceo is doing this is to force out the naked shorts and put a squeeze on the play to reap big profits himself.
I've been paying more attention to this company lately. The problem is they can't make money. So Patrick Byrne attacks the short sellers when the price drops. Unfortunately, he's insane. If you've ever seen him you'd agree. Pretty funny, unless you own the stock.
41
posted on
05/10/2006 6:43:28 AM PDT
by
Toddsterpatriot
(Why are protectionists so bad at math?)
To: Toddsterpatriot
Yep your right.
The more I saw of that lunatic over the weeks after the brouhaha the more it was obvious.
The guy is nut-case...
But the naked short issue is real and should be stopped.
42
posted on
05/10/2006 7:59:41 AM PDT
by
antaresequity
(PUSH 1 FOR ENGLISH - PUSH 2 TO BE DEPORTED)
To: antaresequity
But the naked short issue is real and should be stopped. Yes. He's just the wrong poster boy.
43
posted on
05/10/2006 8:37:43 AM PDT
by
Toddsterpatriot
(Why are protectionists so bad at math?)
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