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Friday, August 26, 2022 7:15:03 PM
How Pervasive Is This? – At any given point in time more than 100 emerging companies are
under attack as described above. This is not to be confused with the day-to-day shorting that
occurs in virtually every stock, which is purportedly about thirty percent of the daily volume.
The success rate for short attacks is over ninety percent - a success being defined as putting
the company into bankruptcy or driving the stock price to pennies. It is estimated that 1000 small
companies have been put out of business by the shorts. Admittedly, not every small company
deserves to succeed, but they do deserve a level playing field.
The secrecy that surrounds the shorts, the prime brokers, the DTC and the regulatory
agencies makes it impossible to accurately estimate how much money has been stolen from the
investing public by these predators, but the total is measured in billions of dollars. The problem
is also international in scope.
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