Replies to post #213650 on DD Support Board and Research Team

[bar1080]

Trader59, I looked into that Houston Law Review article:

"James W. Christian, Robert Shapiro & John-Paul Whalen, Naked Short Selling: How Exposed Are Investors?, 43 Hous. L. Rev. 1033 (2006)."

Rather than plunge into all of that, plus the views of the University of Oklahoma professor cited by Forbes, I'll dismiss that naked shorting babel with this quote: "There’s no example of a company that’s a good solid business, where we can explain its valuation and, only with naked short-selling, can we then explain its price drop, ”J.B. Heaton, the managing member of One Hat Research."

https://www.forbes.com/sites/brandonkochkodin/2023/06/22/the-loony-conspiracy-theory-threatening-wall-street/?sh=43fcf30c4ba1

[janice shell]

And don't forget that all this began a LONG time ago. It started around 2005, and continued to gather steam through 2007. And of course one of the major players was CMKX. But the biggest Get Shorty case handled by O'Quinn and Christian was Overstock. Christian tried to litigate that for five or six years; maybe longer. It helped that Patrick Byrne was batshit crazy.

It finally ran out of steam around 2014. And then it began again with the meme stocks, and introduced a whole new generation to the concept.

There's something the reporter missed: the dramatic death of O'Quinn. Okay, it wasn't really dramatic. He was driving home from the airport on a rainy day, lost control, ran into something, and died. The Get Shorty folks immediately concluded he'd been murdered. They carried on about that for years...