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Re: I-Glow post# 313720

Tuesday, 07/18/2023 2:10:05 PM

Tuesday, July 18, 2023 2:10:05 PM

Post# of 370388
As per SEC doc>Aggressive shorters, and short selling pools, will sometimes hire stock “bashers”, people paid to post negative articles on blogs and message boards. Their goal is to put out
negative news on a company or its products in an effort to cause the company problems
and insure the stock declines so their negative bets pay off. Others will put up “flash
orders” advertising to sell a large number of shares in an effort to drive down the price.
Thus entrepreneurial companies not only need to fight the battles of developing new
products and markets, they have to stave off the short sellers in the meantime. This
growing culture of betting against a company for the sake of short-term trading profits
(regardless of economic consequences) has negative economic repercussions. This trend
has been fostered by:
• Technology that allows trader anonymity without consequence. Short sellers, like
private hedge funds do not have to disclose their negative bets, whereas mutual
funds and most institutions are required to publicly report their holdings.
• Brokerage firm procedures that make it easy for short sellers to borrow stock
without informing the shareowner of the transaction or potential consequences.
• Internet forums and message boards that allow traders to quickly publish negative
comments about a company, thus forcing down prices.

https://www.sec.gov/comments/4-627/4627-95.pdf

SEC Charges: False Tweets Sent Two Stocks Reeling in Market Manipulation
https://www.sec.gov/news/press-release/2015-254

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All my posts are my opinions only. Do not use my opinion for your investment decisions. I am NOT an investment advisor. Mostly, I post on stocks I ALREADY OWN. I was NEVER paid to post. I post to protect my investments from naked shorts.

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