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Re: vinovista post# 51661

Wednesday, 08/11/2021 4:41:27 PM

Wednesday, August 11, 2021 4:41:27 PM

Post# of 51845
I.M.O. Bloomberg Article describes it best..

Here's my synopsis of their article...


Each of the brokerage firms, have engaged in the unlawful creation and sale of millions of shares of counterfeit-phantom stock which have been made possible by "piggybacking" their short positions-from brokerage firm to brokerage firm. Thus it appears they covered their shorts but in reality they have not. The below excerpt in quotes is from the article...

"Once the counterfeit-phantom stock trade is placed into circulation, it continues in circulation in the securities markets much like counterfeit bank notes continue in circulation after they are introduced into the monetary system. It thus has the effect of increasing the supply of stock available on the market for sale. The increased supply of stock, albeit counterfeit-phantom stock, generally has a depressing effect on the price of the genuine stock of the public company whose name the counterfeit-phantom stock bares. As alleged below, naked short sales of counterfeit-phantom stock harm investors holding genuine stock, investors who receive the phantom stock, and the public company whose stock is diluted with counterfeit-phantom stock."

DOUBLE UP; 3-4X Run It Up!!