Hi Tyco,
The evidence of naked shorting IS the issue. You cannot sell stocks you dont own and circumvent the bid stack. I didnt mean this to be a lesson in trading stocks. The assumption was that the reading audience already had a functioning background in the stock market and / or trading them on an exchange.
Why naked short ? Here is what I wrote : (Additional insight can be obtained from my previous posts).
This illegal naked shorting has been going on for 30 years + and is used by powerful insiders to drive a company into bankruptcy and acquire the company for themselves for mere pennies on the dollar.
Shorting a stock is legal though it is also used by the big boys to obtain unfair advantage over the general trading public.
You may be familiar with the term "Naked Shorting" but it has much more to it than a simple explanation. Equity markets have to report trading activity to the big boy on the block which is the DTCC as a clearing house for all trades. Only 10% of all trades are now cleared through the corrupt DTCC. That leaves hundreds upon hundreds of millions of stock trades uncleared DAILY. That leaves companies with million and millions of ADDITIONAL uncleared stocks on their books that were created out of thin air by naked shorting and the lousy actions of the DTCC. What happens when you have many millions more in shares on the books that aren't a part of your market cap ? It drives the price per share DOWN bc the market cap to share ratio is being severely diluted.
As far as good old BIX goes I know him very well. You are talking about a VERY different world in COMEX, CFTC and CME which are all banker controlled. These markets are funded by illegal derivatives activity. It is called a synthetic market bc the investor is exposed to the paper price of silver and gold which IS A COMPLETELY different thing than the physical price action of the precious metals. They can print up endless ETF (exchange traded funds) contracts then short the hell out of them just before options expiry date and make a mint. The retail investor always gets fleeced. The spot price of silver and gold is set by the phoney paper market not the real physical market.
Ok now one more thing which I think you really were getting at Tyco. Stocks and equities are very different than the ETF and commodities markets. The only thing they have in common is that they are both gambling casinos set up for the super wealthy and powerful. Btw, the numbers that they post on CME are rigged too. They came out with a disclaimer 6 years ago that stated they dont guarantee the accuracy of their posted numbers. Its all an educated guessing game that BIX, David Morgan and many others have to play.
With stocks and equities you have to do a lot of independent research to come even remotely close to what is really happening behind the scenes with a companies accounting. Recent SEC rulings now allow most big corporations to run 2 or even 3 sets of books. I am serious as a heart attack about this. GAAP (generally accepted accounting practices) are no longer in vogue. Look up FASB accounting standards. This is all way over the heads of the general public and makes it quite easy for the powerful insiders to fleece the hell out an unsuspecting public.
Finally, if you are still reading congratulations !! Ive given you a brief glimpse behind the curtain.
This is not financial advice in any way shape or form but the time is rapidly closing on being able to buy physical gold and silver at these ridiculously low prices. Never again in monetary history will the price of the precious metals be within ten miles of these severely depressed prices. Best wishes Tyco
-Lamont
Previous post:
Hello Tyco,
Naked shorting is the illegal selling of stock that you do not own. Thats why it is called Naked. Naked shorting by privileged insiders allows them to circumvent the bid stack and crush the price down below all higher bids in the stack above them. This illegal naked shorting has been going on for 30 years + and is used by powerful insiders to drive a company into bankruptcy and acquire the company for themselves for mere pennies on the dollar. Hellix had suspected naked shorting was killing their stock but did not to seek the technical expertise needed to prevent it or at least minimize it. Read through all the things I've written over the last few years and you will understand what has been going on. The ASK price of Hellix is.27 while its last sell order was filled at .0001. That isn't even possible unless the bid stack was violated. All trading in Hellix is supposed to be blocked. All brokers have placed the Caveat Emptor block on trading in Hellix unless you're liquidating a futures contract which doesn't even apply here. How is it that someone was able once again to naked short Hellix when all trading has been blocked ? Its not rocket science to figure there is some very criminal activity taking place. Best wishes to you.
-Lamont
Btw, I tried this morning to buy some shares of Hellix and the caveat emptor block shut me out. The stock is now down to as mathematically low as the trading platform will display. Right before the caveat emptor rule hit Hellix I bought a total of 50,000 shares at around .08 when the Ask was only .27. They would not fill the order .03 - .075. That is criminal as all hell. Then the Ask just stayed at .27 when it should at least be slightly above .08. Someone then came in immediately and crushed it back down to way below .001. They only had to spend five dollars to crush all those gains down. The broker fee alone is more than it cost to crush the share price.
