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Re: WolfofMia post# 299341

Wednesday, 02/17/2021 7:53:01 AM

Wednesday, February 17, 2021 7:53:01 AM

Post# of 461197
Wall Street did not have a hoard of shares of Anavex from an IPO to sell to the public so Wall Street does not pump it. Instead Wall Street borrows shares and counterfeits shares and loan them out for a fee to hedge funds who short sell them while bashing the company. These hedge funds use the money they receive for shorting the shares to buy the shares of Companies that Wall Street is pumping. All on extreme margin as high as 50-100 to 1. That is why worthless companies like Axovant were high market cap until they collapsed on failure and why Anavex will be undervalued until it finally succeeds irrefutabaly.
They did the same thing with Mortgage Backed Secutities packaged bonds leading up the 2008 but in that instance they invented Collateral Debt Swaps - unregulated securities that were short derivatives of MBSs then when it all failed like they knew it would they covered all the shorts and went long stocks that everyone else had to sell with the tax payers Ben Bernake helicopter money that they received from the Wall Street extortion/blackmail of a new well meaning but naive Administration with the head of Goldman Saks the Wall Street Ring Leader Hank Paulson on the inside of the Administration. The threat of the blackmail/extortion was the Wall Street banks telling the Administration to give them Trillions because they were "Too Big to Fail" so instead of printing money to distribute to help Americans pay their mortgages they gave it to the Wall Street Banks who then used it to buy bonds from the Government who then paid interest to these Banks on the money the Government just gave them. The Banks of course foreclosed on the mortgages or re- financed them at less onerous terms then they originally created with the predatory adjustable rate no-docs/income proof mortgage loans.
The only decent thing they did was bail out GM but they put up a mighty stink about that Paulson and others were insisting that GM be allowed to fail. GM eventually paid back the loan in full.
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