Monday, December 20, 2010 9:07:17 AM
First of all, the moment the IB catches wind that the company needs to raise additional capital, the IB shorts every share they can, knowing they can cover with the shares the company sells them at a discount. At the same time, the lower they can take the pps down, the more discounted shares they can exchange for capital raised. It's a system nicely approved of by our SEC (God bless their greased palms). Then, once the toxic financing has been consummated, the IB will look for ways to elevate the pps, so's to make 5-10-20x their investment.
L~
"took me 3 long years to make a million bucks over night"
For first alerts, join my IHub email list: http://investorshub.advfn.com/boards/chairmail_sub.asp?board_id=5935
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM