Where's Naked Short Waldo? (WALDO)

[pro_se]

Ur intro is WRONG. It appears y'all killed off the posts about NSS and some others noting the activities of a certain rather infamous Hubber.

If ya can't stand the heat get outa the damn kitchen.

[Hockmir]

Interesting, if true:

http://www.examiner.com/headlines-in-new-york/rupert-murdoch-s-media-empire-reveals-unprecedented-8-trillion-sec-scandal?CID=examiner_alerts_article#ixzz1PtBzLGkq

[Hockmir]

Well, from the article linked below, it sounds like we may have found an alleged candidate for alleged misbehaviors in an alleged part of the world:

http://business.globaltimes.cn/world/2011-02/627085.html

[Hiphop08]

4kids Any thoughts on kens lawsuit? Read my previous post

[Hiphop08]

http://www.scribd.com/doc/58673618/6-24-...


UNITED STATES DISTRICT COURT CENTRAL DISTRICT OF CALIFORNIA
KENNETH EADE,
Plaintiff,

v.

INVESTORSHUB.COM, INC., a Florida corp., DOE 1, aka NO DUMMY, DOE 2, aka JANICE SHELL, DOE 3, aka FASTER183, DOE 4, aka STOCK MAVIN, DOE 5, aka RENEE, DOE 6, aka VIRTUAL DREW, DOE 7, aka BOB 41, DOE 8 aka OVERACHIEVER, DOE 9, aka DOBERMAN, and DOES 10 through 100,
Defendants.

Case No. CV11-01315 JAK (CWx)

PLAINTIFF’S AMENDMENT TO COMPLAINT TO ADD TRUE NAMES OF DOE DEFENDANTS
Date: None
Time: None
Courtroom: 750
Judge: Hon. John A. Kronstadt

Plaintiff KENNETH EADE, at the time of filing of the initial complaint therein, did not know the true names and capacities of defendants herein named by fictitious names. Plaintiff hereby amends the complaint to substitute the following true names in place of the fictitious names:

JANICE SHELL, to substitute for DOE 2, aka Janice Shell.

MICHAEL ZORIL, to substitute for DOE 8, aka Overachiever.


DATED: June 24, 2011

Respectfully submitted,
/s/ Kenneth Eade
KENNETH EADE
SB#93774
Plaintiff, In Propria Persona

[Hiphop08]

Waldo shell, why hasn't the osc released any info on civil fines against those they named in their allegations in the sljb case?

[Hockmir]

It is activity such as you describe which leads many to form an opinion that something other than fair and balanced moderation is going on on a number of boards.

[Hiphop08]

Never knew that posting info about a individual named by the osc as a nominee account holder would be removed as Off Topic. Chiphldr is Chad Curtis the former sljb mod

Would you think a money and asset manager would lie and mislead investors? All while offering information on this board?


He served as Money Manager and Financial Advisor of First Union Securities from January 2000 to April 2001. From April 2001 to December 2004, he served as Money Manager and Financial Advisor of J.P. Turner & Company in the same capacity. He served Pointe Capital as a Money Manager from April 2005 to April 2006. He served at Markwood Capital, a division of Acosta Financial Services, until August 2006. He has, for the last several years, been engaged in the acquisition and sale of pre-construction and post-construction residential real estate

[Hiphop08]

2.3 billion traded in 2006, is OSC investigating SBSH ABLE UBSS trading volume? Nite alone trades over 1.2

sljb...Monthly Share Volume Report
Select a different report by entering an issue or MPID: Sort By: Report Date:
Issue Market Participant

Volume Issue/MPID

Dec 2006 Nov 2006 Oct 2006 Sep 2006 Aug 2006 Jul 2006 Jun 2006 May 2006 Apr 2006 Mar 2006 Feb 2006 Jan 2006



--------------------------------------------------------------------------------
SLJB - SULJA BROS BUILDING
Page of 1

December 2006 November 2006 Year-to-Date
Volume Rank % Volume Rank % Volume Rank %

--------------------------------------------------------------------------------

Total Share Volume 225,309,358

--------------------------------------------------------------------------------

NITE
KNIGHT EQUITY MARKETS, L.P. 75,803,728 1 33 232,277,475 1 34 1,203,621,553 1 51
ETRD
E*TRADE CAPITAL MARKETS LLC 68,001,441 2 30 156,645,783 3 23 400,053,812 2 17
SBSH
CITIGROUP GLOBAL MARKETS INC. 50,909,975 3 22 178,928,694 2 26 296,147,643 3 12
ABLE
NATEXIS BLEICHROEDER INC. 15,433,615 4 6 29,874,855 5 4 98,611,007 5 4
UBSS
UBS Securities LLC (UBSS) 7,492,336 5 3 44,460,278 4 6 257,621,492 4 11
HDSN
HUDSON SECURITIES,INC. 3,078,463 6 1 6,268,184 7 <1 30,755,306 6 1
VFIN
VFINANCE INVESTMENTS, INC 1,785,500 7 <1 121,000 15 <1 2,480,500 12 <1
QUIN
PARK FINANCIAL GROUP, INC. 1,455,000 8 <1 - - - 1,455,000 14 <1
HILL
HILL THOMPSON MAGID & CO., INC. 820,000 9 <1 10,312,069 6 1 19,340,814 7 <1
DOMS
DOMESTIC SECURITIES, INC. 460,300 10 <1 509,938 12 <1 4,449,711 9 <1
VERT
THE VERTICAL GROUP 64,500 11 <1 2,976,421 9 <1 13,165,549 8 <1
EFGI
EMPIRE FINANCIAL GROUP, INC. 4,500 12 <1 3,476,670 8 <1 3,806,170 11 <1

[Hiphop08]

Ernest needed a link, I'd rather post the detailed info of trading, however, I'm limited to 1 post a day.

sljb...Monthly Share Volume Report
Select a different report by entering an issue or MPID: Sort By: Report Date:
Issue Market Participant

Volume Issue/MPID

Dec 2006 Nov 2006 Oct 2006 Sep 2006 Aug 2006 Jul 2006 Jun 2006 May 2006 Apr 2006 Mar 2006 Feb 2006 Jan 2006



--------------------------------------------------------------------------------
SLJB - SULJA BROS BUILDING
Page of 1

December 2006 November 2006 Year-to-Date
Volume Rank % Volume Rank % Volume Rank %

--------------------------------------------------------------------------------

Total Share Volume 225,309,358

--------------------------------------------------------------------------------

NITE
KNIGHT EQUITY MARKETS, L.P. 75,803,728 1 33 232,277,475 1 34 1,203,621,553 1 51
ETRD
E*TRADE CAPITAL MARKETS LLC 68,001,441 2 30 156,645,783 3 23 400,053,812 2 17
SBSH
CITIGROUP GLOBAL MARKETS INC. 50,909,975 3 22 178,928,694 2 26 296,147,643 3 12
ABLE
NATEXIS BLEICHROEDER INC. 15,433,615 4 6 29,874,855 5 4 98,611,007 5 4
UBSS
UBS Securities LLC (UBSS) 7,492,336 5 3 44,460,278 4 6 257,621,492 4 11
HDSN
HUDSON SECURITIES,INC. 3,078,463 6 1 6,268,184 7 <1 30,755,306 6 1
VFIN
VFINANCE INVESTMENTS, INC 1,785,500 7 <1 121,000 15 <1 2,480,500 12 <1
QUIN
PARK FINANCIAL GROUP, INC. 1,455,000 8 <1 - - - 1,455,000 14 <1
HILL
HILL THOMPSON MAGID & CO., INC. 820,000 9 <1 10,312,069 6 1 19,340,814 7 <1
DOMS
DOMESTIC SECURITIES, INC. 460,300 10 <1 509,938 12 <1 4,449,711 9 <1
VERT
THE VERTICAL GROUP 64,500 11 <1 2,976,421 9 <1 13,165,549 8 <1
EFGI
EMPIRE FINANCIAL GROUP, INC. 4,500 12 <1 3,476,670 8 <1 3,806,170 11 <1

[Hockmir]

Yes indeed. And, if you pursue the matter further, I think you might find that the Cayman Islands might in some fashion be associated with the matter.

[Hiphop08]

Is waldo aware that OSC recently disclosed the list of Nominee account holders? How would he feel if one of those listed was the %#JB board moderator in 2006?

Kind of odd this is considered off topic and removed.

[fuagf]

Just out of interest years ago when i was out i went into a pub in Double Bay Australia and first saw your
definition of cricket in there .. on the wall .. http://www.goldensheaf.com.au/welcome .. in case you ever visit

Always thought a naked short was when the mafia kneecapped someone stepping out of a shower.

[Hockmir]

HipHop, this is a more suitable venue to continue our discussion.

[pro_se]

Where's he hiding? ...In plain sight of course.

[pro_se]

Hmmm... Isn't that the stuff a few people always claim can't be happening because those who mention it aren't professional investigators & thusly can't prove it's occurring?

...Sounds like a blind man claiming purple doesn't exist to me.


lol

[Hockmir]

One method of manipulating and shorting stocks, which is reported on by DeepCapture involves the use of Married Puts, traded in a particular manner. The question that this description triggers is whether such techniques can be employed against Penny Stocks from foreign venues which permit shorting of such stocks.

From DeepCapture

But while the SEC is of no help, most any Wall Street broker can describe several “proprietary” strategies that are popular with unscrupulous hedge funds.

One such strategy is known as a “married put.” Normally, a hedge fund buys from a market maker a certain number of put options—the right to sell a stock at a specified price at a specified date. If on that date the stock has lost value to the point it is below that specified price, the buyer of the put option (the hedge fund) makes money, and the seller (the market maker) loses money. To hedge the risk that he might lose money, the market maker, at the same moment that he sells the put option, also short sells the stock. This is perfectly legal.

But some market markers conspire with hedge funds to drive the stock price down. Instead of merely shorting the shares into the market, the market maker naked short sells the shares, and, importantly, sells those phantom shares to the same hedge fund that bought the puts. As a result, the hedge fund manager winds up with the puts and a matching number of shares (actually phantom shares that are never delivered to him, but about which he never complains, or forces delivery, as that would create upward pressure on the stock, the precise opposite of what he wants). Because the puts and the phantom shares are equal in number and arrive together at the hedge fund, they are known as “married puts”.

Once in possession of the phantom shares, the hedge fund manager proceeds to fire them into the marketplace. But he is able to say that he never naked shorted because all he has done is sold the shares that he bought (wink wink) from the market maker.

Either way, the effect is to flood the marketplace with phantom stock. The hedge fund makes money. And the market maker is rewarded with more business selling married puts.

Incidentally, the fee charged for such puts do not follow any normal option model pricing (in fact, the exchanges search for married puts by looking for options that are mispriced in relation to Black-Scholes, the standard formula that prices options). That is because their pricing is not really a function of any math or statistics, but is a function of the willingness of the hedge fund to pay the option market maker to help him break the rules against naked short selling. And that willingness is a function of how difficult it is for the hedge fund to use other loopholes to break those rules.

In the slang of Wall Street, these married puts are known as “bullets.” Through their maneuverings, the option market maker and hedge fund manager synthesize a naked short position that puts “bullets” into the hands of the hedge fund. The hedge fund fires those “bullets” at the stock to make it collapse, timing the last “bullet” to fire as the hedge fund’s put option expires profitably. If the option position nears expiration and looks like it will expire at a loss (“out of the money”), the hedge fund manager goes back to the option market maker, and together they reload by synthesizing more “bullets.”

Until recently, this behavior flourished owing to a rule called the “options market maker exemption” which is said to have been enacted thanks partly to the pleadings of a “prominent” market maker and investor named Bernard Madoff, who had considerable influence at the SEC. Madoff also obtained an exemption allowing market makers to sell short on a down-tick. The SEC was so grateful for his help in this regard that the commission named the new rule the “Madoff Exemption.” This was before Mr. Madoff became famous for orchestrating a $50 billion Ponzi scheme with help from the Mafia (CNBC’s Charles Gasparino has reported that Madoff might be tied to the Russian Mafia; whistleblower Harry Markopolis stated in Congressional hearings that Madoff appeared to have ties to the Russian Mafia and Latin American drug gangs; and Deep Capture’s own investigations suggest that Madoff did business with multiple people with ties to both Russian and Italian organized crime).

The options market maker exemption permitted market makers (e.g. Madoff) to sell stock that they did not possess, so long as they were doing so temporarily to “maintain liquidity.” Abusing that exemption in order to facilitate naked short selling in cahoots with hedge funds looking to drive down stock prices was blatantly illegal, but the SEC looked the other way, even as market makers failed to deliver shares for weeks, months, and even years at a time. If anyone raised a fuss, the hedge funds would say that the phantom shares didn’t originate with them, the SEC would say that stock manipulation is hard to prove, and the market makers would say that they weren’t breaking any rules.

[pro_se]

Are there parallels 'tween Cricket and the market? You decide...


Cricket Explained

You have two sides, one out in the field and one in. Each man that's in the side that's in goes out, and when he's out he comes in and the next man goes in until he's out. When they are all out, the side that's out comes in and the side thats been in goes out and tries to get those coming in, out. Sometimes you get men still in and not out.

When a man goes out to go in, the men who are out try to get him out, and when he is out he goes in and the next man in goes out and goes in. There are two men called umpires who stay all out all the time and they decide when the men who are in are out. When both sides have been in and all the men have been out, and both sides have been out twice after all the men have been in, including those who are not out, that is the end of the game!

[pro_se]

But what about those online panjandrums who so vociferously maintain that Naked Shorting is nothing more than egregious myth or...at best...baseless pejoration of timeless Market Practice? Are we to presume their bounteous protestations to be utterly baseless...possibly just another demonstration of their sleight-of-hand?

Oh my...

[Hockmir]

I do seem to recall that they specifically placed a ban on Naked Shorting of the Big Banks during the 2008 financial crisis. Surely they would not have done so if they thought that naked shorting was no problem, and merely a normal part of maintaining market balance and liquidity.

[pro_se]

Hmmm...I thought Da Fed rubber-stamped naked shorting as indisputable fact years ago.

[fourkids_9pets]

board marked ..

look forward to following
discussions posted

==
4kids
all jmo

[Hockmir]

As in any scientific inquiry, one moves from hypothesis, to inquiry to data gathering to data analysis and thence to final interpretation. Perhaps this inquiry will follow a similar trajectory.

[pro_se]

I imagine the veracity of the postulation is inversely proportional to the proposed lifespan of this board should hard facts be introduced.

[Hockmir]

As well as message board posters of all stripes.

The question is, as you frame it, similar to religion. Basing ones actions on faith that truth, or falsity of a proposition is the order of things.

Perhaps the discussions in this venue will help shed light beyond mere faith on the subject.

[pro_se]

Hey, don't knock it...Big Religion's been doin' it for millenia quite profitably.

[Hockmir]

Yes indeed. And as we learn from quantum physics, our inability to specifically measure an effect does not mean it doesn't exist.

[ctrumabll]

Ah, you may be veering into metaphysics there. However, Naked Short Waldo has obviously succeeded at living this particular paradox.

[Hockmir]

So we only need to determine the band-gap energy.

[Hockmir]

But the question then presents itself:

"How can you be twp places at once, when you're not really anywhere at all?"

[ctrumabll]

Naked Short Waldo is definitely a quantum event.

[ctrumabll]

FFGO definitely. Naked Short Waldo definitely exists everywhere and nowhere with that one as well...

[Hockmir]

Are there any other stocks besides EIGH where Waldo could be said to be lurking?

[Hockmir]

Does this duality of Waldo involve a quantum entanglement?

[Hockmir]

Yes, I agree, a little learning is a Good thing.

[Hockmir]

That's an interesting contention.

[ctrumabll]

You were looking for proof of the ENSSFM?

[Crazy Money]

You must be an evil naked shorty, since you have common sense...

No Idea how I just ended up here posting on dis board... sorry

[Stock]

Waldo sad.

[ctrumabll]

If you believe the bagholders/ Monkster cult-dupes, Naked Short Waldo is hanging out at EIGH headquarters (which is apparently a rented room in a Regis office space):

"There are approximately 236MM shares that can be accounted for in the market out of a total issuance of 143MM."

[Stock]

I see. We are too close to the event horizon.

[ctrumabll]

You can either draw a picture, or chart the momentum of Naked Short Waldo(s), but both cannot can be done accurately for the same time period.

[Stock]

That's very clever. Can you draw a picture of that?

[ctrumabll]

You guys are thinking wrong!

Naked Short Waldo is a quantum event.

Therefore, for any given stock, Naked Short Waldo exists in multiple places and in no place, all at the same time.

[Stock]

There's an app for that.



http://dualshockers.com/2010/06/03/wheres-waldo-in-hollywood-announced-details-screens-released/

[Stock]

Missing: Chris Hansen

[Stock]

[Stock]

Poor Waldo! He's just been hiding WAAAY to well!

[jimmybob]

Waldo covered himself up a few days after losing hist "Shorts"...


Think hes at the bar drinking and laughing at all the talk of folks wondering where he is, and when he is going to cover himself...


turns out, he already did! :)

[Stock]

So many Naked Short Waldos, so little learning.