Thursday, November 10, 2016 10:58:49 AM
A shakedown is nothing more than a stock term that was borrowed from another walk of life. [i.e.] When an alien force moves in to disrupt the flow of whatever is going on, say, in a home or business, the invasive force raids the place using arms and fear as their main weapons. Insiders are caught off guard by the invasion, often tend to panic, and finally give in to the invasive force. The combative force attacks the non-combative people and use fear-mongering to induce them to submit. The fearful fall for it and give in to their assailants.
In this case, investors who don't see these tactics for what they are bail out from the shakedown (or shake out) and end up losing money. On the heels of that, the manipulative shorters later re-manipulate in the other direction and drive the stock up, thereby money large sums of money in the process.
In summation, here's a nugget quote you can use in the future any time: "Those who do their homework make their money off those who don't."
Hope this helps, and I hope you prosper.
Loyalhound
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