simplesimon

Forget Green Shoots: These Are the Brown Shoots Turning Black

This quote from Huffington Post regarding "fomenting" market fears in order to maximize short sale profits:

{In it, the host of Mad Money says he regularly manipulated the market when he ran his hedge fund. He calls it "a fun game, and it's a lucrative game." He suggests all hedge fund managers do the same. "No one else in the world would ever admit that, but I could care. I am not going to say it on TV," he quips in the video.

He also calls Wall Street Journal reporters "bozos" and says behaving illegally is okay because the SEC doesn't understand it anyway.}

Michael Shulman is a specialist in short selling. It is to his advantage to foment negative market sentiment. It is both illegal and immoral. If you take someone who doesn't care if 20 M retired lose their means of survival...you probably find someone who also believes in evolution-that is to say, this 'highly adapted animal' ( in his own view ) sees "The Weak" as" Prey". Moreover, he feels it his Duty to devour them in order to "advance the species"
( himself ).
I consider this contributor to SA a predator= breaking the law. I will now file a formal complaint to the SEC, using his own fear tactics above in the original article. I will also be looking for others on SA who I feel are in collusion to create market fear/panic, in order to maximize their gains from short sales. Soon, all these 'animals' will be in the bread lines with the now unemployed, and despised Hedge Fund managers. Then, of course, I want to have a discussion with them about survival of the fittest.