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Thursday, 05/27/2021 3:46:08 AM

Thursday, May 27, 2021 3:46:08 AM

Post# of 141055
Starting to sound very familiar here: “The manipulator can not drive the share price close to zero unless he can naked short an extraordinary number of shares… this form of manipulation would result in… unusually heavy trading volume, and unusually large and persistent fails to deliver at the NSCC”.

"Charter Communications had a whopping 241.8% short float in 2005… The ONLY way the manipulator could have escaped this was by bankrupting the company and relieving the obligation to repurchase those shares…

Guess what happened to Charter? They filed for bankruptcy in 2009…

However, unlike John’s example where naked short sellers were driving down the price without opposition, GameStop had extremely high demand from retail investors to counter this activity"

Seems the strategy of buy and HODL is the silver bullet counter tactic against HFs trying to bankrupt targeted businesses through illegal strategic shorting manipulation, until regulation can (finally) catch up and close loopholes...
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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