Misconceptions, in what regard?
Everyone of us had a hand in all this and aided the brokers, hedge funds, bankers, market makers etc. in their quest to rob us blind and destroy companies that we invested our money into.
-Everyone of us allowed the brokers to take our money and we accepted the rational, that it was ok, to take our shares and put them in his broker street name, in turn make an electronic entry into our accounts, that we owned X number of shares.
Problem as this continued, the entries into accounts greatly exceeded the number of shares issued by these companies.
Thereby causing the liquidly to be exacerbated, the supply against demand normal scenario lost it's meaning.
So companies did such things as R/S to try to keep a handle on the outstanding shares, which turned out to be a effort in futility as all it did was to exacerbate the problem causing more and more shorting against shares that never existed.
We all purchased what they didn't have, and accepted the brokers word that we had shares somewhere, however' anyone trying to obtain those shares, were in for a rude wake up call.
We as so-called shareholders, are the people that unwittingly made the snow ball that was rolled down the hill to become all empowering disaster.
So tell me where is the "misconception?"
Investors lost their anticipated investment, companies found it impossible to maintain the outstanding shares to be in line with those that were actually issued, while those that caused the problem, had rules manipulated to justify their lucrative actions.
