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Re: janice shell post# 25652

Wednesday, 05/16/2012 5:52:15 PM

Wednesday, May 16, 2012 5:52:15 PM

Post# of 221270
So Patrick Byrne is still a loon, and is still making things up about the fraud committed by the banks and brokers?

In this case, that resulted in absurdities like the following disclosure in this document, in which a Goldman executive admits in a 2006 email that just a little bit too much trading in Overstock was going on: “Two months ago 107% of the floating was short!”

In other words, 107% of all Overstock shares available for trade were short – a physical impossibility, unless someone was somehow creating artificial supply in the stock.



Read more: http://www.rollingstone.com/politics/blogs/taibblog/accidentally-released-and-incredibly-embarrassing-documents-show-how-goldman-et-al-engaged-in-naked-short-selling-20120515#ixzz1v4Vz52Xu

Strange that none of the 107% shorted interest, shorted by Goldman ALONE, was not showing up on the monthly short interest reports. Very strange!

Please research all stocks before investing. My posts are my opinions and are not buy or sell recommendations. Always force abusive short sellers to cover above what you paid. Build wealth for fellow iHub'ers!

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