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Re: jimmym4 post# 318728

Thursday, 10/07/2010 6:20:29 PM

Thursday, October 07, 2010 6:20:29 PM

Post# of 358439

and Reg SHO data indicated an explosion of failed trades — nearly 4 million undelivered shares on some days. At those moments, in other words, nearly a fifth of all Overstock shares were fake.



Half your problem Jimmy is that you have no clue what you are talking about. Having a short position does not mean the shares are fake. Overstock had a legal short position. Patrick NEVER found any fake shares. Overstock's T/A never found any fake shares.

When Patrick was caught lying about Overstock's short position, Patrick changed his complaint from "naked shorts" to groups conspiring to short and distort. The problem was, what Byrne was claiming to be distorted truths actually were true.

Overcrock is an over valued company. Actually Jimmy, Overstock is an online version of Marden's (although Marden's generates far more profit that Overcrock ever will).

At one point, Byrne claimed his T/A could not deliver shares and his T/A stated that was not true.

When the first SHO deadline came, OSTK ran from $18 to the mid-30's and showed that Byrne lied about his stock being shorted multiple times their float.

It's amazing how supply and demand works for other stocks..even tagged and bagged shorts on companies like Taser and TravelZoo. Yet, some craphole online e-tailer mysteriously cannot find one legitimate broker with a true failure to deliver.

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