Mike The Pike Productions Inc (fka MIKP)

[imiloa]

re: 1. sorry about that.
i wasn't aware this doc was a meme.
found it via multi-topic keyword search
and it covered a broad spectrum of facets involved
so it seemed a good summary of them.

which makes sense if it was constructed as a parody
of collective perceptions on the topic.

but just because something is parodied
doesn't mean the something is not true.

fwiw, my conviction on this topic
comes from personal experience.
a group of friends i traded with in the 90s
collectively bought more shares in a low-float pink
than were authorized by the transfer agent filings,
and yet, the ticker continued to trade
despite none of us selling.

and that was many years before 2014.

others here have reported the same over the decades since then.

you may never have experienced this, personally.
but you're not going to convince me
that my personal experience did not happen.
.

re: 2. re: FTD manip,
agreed that such strategies are theoretically impeded by new regulations.

but you continue to miss my core point
that your argument is based on the premise
that regulations exist to prevent this,
therefore it can't possibly happen.

laws exist to prevent all kinds of accounting crimes.
and yet they happen constantly, no?

thus, the common expression,
"cook the books."

there are countless examples of
hedge fund titans like cohen
and elite banking firms
being caught cheating
and issued fines but never prosecuted.

and dozens of allegations by former SEC employees,
esp during cox's tenure,
of investigations into corruption getting shut down
and persistent investigators persecuted and blacklisted
for daring to expose illegal trading
by elite hedge funds and bankers.

do you acknowledge that reality?

if so, why is it so difficult to consider
that people who control the casino
might rig the casino games
despite there being laws against rigging?
.

re: 3. you didn't specify margin requirements
as the blocking factor for short sale proceeds
when you made the blanket statement,
"Someone holding a short position does not get their money until the position is closed,"
which, as a standalone statement,
remains false, no?

but, with #2 above,
margin requirements are irrelevant
in context of my core point,

because brokerages only apply margin requirements
to shallow-pocket clients without sufficient assets
to cover a run-away short position.

ie: not the brokerages, themselves,
nor the deep pocket hedge fund titans
with billions in assets,
who are the criminals i've been referring to
this entire discussion.

ie: market makers, billionaires, and criminals manipulating markets
who never seems to face prosecution, only fines,
even when caught red-handed,
aren't subject to margin calls
when they short.

i stand by my point.
.

regardless,
there's no point continuing this discussion.

you perceive me to be a kook
drunk on the kool-aid of naked short conspiracy theory.

i perceive you to be precariously trusting,
if you honestly believe the market titans who run the casino
don't rig the casino games in their favor daily,
simply because they can, with impunity,
because the sec empirically doesn't prosecute them.

i stand by my perceptions
because i have seen countless examples of it
over several decades of trading.

you stand by your perceptions
because you believe that it's impossible
for criminals to subvert the rules.

honestly, i'd much prefer to live
in the world you perceive to exist.
but i don't believe that world exists
when humans are involved.

nutshell,
neither of us is going to convince the other.
so we can agree to disagree
and spare this board the noise.

peace.