Short Sales: SEC Turns Back the Clock to 1931 [View article]
How can I short a stock Naked. It is a great Idea I could become rich over night and pay myself 1 billion a year in bonuses and salary. Oh, I guess the edge fund managers are already doing that.
Well, I will set up a company in a country where there are no laws. Then I will short a million shares of x,y,x company. If it goes down I cover and make a bundle. If it goes up I file BK and keep the billion salary I paid myself and let the suckers hold the bag with fake shares. PLEASE someone TELL ME HOW TO GET STARTED. I wanna be rich and famous and buy my own politician to keep the SEC toothless and pay the media hacks to write great things about me. Isn't America wonderful?
Short Sales: SEC Turns Back the Clock to 1931 [View article]
Well, I will set up a company in a country where there are no laws. Then I will short a million shares of x,y,x company. If it goes down I cover and make a bundle. If it goes up I file BK and keep the billion salary I paid myself and let the suckers hold the bag with fake shares. PLEASE someone TELL ME HOW TO GET STARTED. I wanna be rich and famous and buy my own politician to keep the SEC toothless and pay the media hacks to write great things about me. Isn't America wonderful?
Selective Enforcement: (Re)Introducing Regulation SHO [View article]
THe rally the last two days was caused by the naked shorters trying to cover their asses. This porblem is much larger than most investors suspect.
THis is a must listen for stock mrket investors.
www.financialsense.com...
You may want to take all your money out of the market!