Comments on: Naked Short Selling: A complete waste of resources

By: Evidence of massive naked short selling. Or not. | Sequence Inc. Fraud Files Blog

Tue, 06 Oct 2009 00:34:49 +0000

[...] Naked short selling is the pet project of whack-job CEO of Overstock.com (NASDAQ:OSTK) Patrick Byrne. I have yet to see any evidence of a massive conspiracy to destroy particular companies by engaging in massive naked short selling of their stock, but that doesn’t stop Byrne and his paid stalkers from prattling on about their conspiracy theories. [...]

By: Tracy Coenen

Tracy Coenen — Fri, 03 Apr 2009 15:27:39 +0000

No, Mark, I have no emotion for Byrne at all. He does amuse me, but that’s about it. Again, yes, naked short selling exists. Yes, it is illegal. But the problem is of a magnitude that is not important. And apparently, you’re not aware of something called a budget. The SEC has one. It’s limited. They need to spend their money on more important issues.

By: Mark

Mark — Fri, 03 Apr 2009 13:17:02 +0000

After reading Deep Capture I decided to check out his critics as well as those accused in his posts. What I see is Byrne and his crew posting compelling proof of relationships and behavior that is at least improper and at most criminal. On the other hand his critics and those he accuses spend most of their effort calling him crazy and mocking his efforts to expose what appears to be a very real problem. That is, outright counterfeiting of shares of companies with intent to profit from the share dilution with a short sale. Your comments as well as your posts sound awfully petulant. You seem to have an awful lot of emotion invested in Mr Byrne. Oh, by the way your comment about limited resources is ridiculous, I assume you are talking about the SEC which you know is a government agency. And if the government can come up with twelve trillion to shove down the gullet of wall street they could have come up with a few mil for some enforcement.

By: Tracy Coenen

Tracy Coenen — Fri, 03 Apr 2009 02:10:04 +0000

You can “feel” whatever you want, but my real point is exactly as I stated it. Surely you’re not suggesting Patrick Byrne has any credibility?

Hopefully that comment by you will get me a bonus from the Sith Lord this month. I just missed making last month’s bonus pool, but am hoping I can get back in the game this month. Thanks for your contribution on my behalf!

By: Mark

Mark — Thu, 02 Apr 2009 20:04:18 +0000

Your response quotes the title of the post. I feel your real point is to buttress the targets of NSS scrutiny. Namely the financial media. Byrne and his crew may be certifiable, however they make some observations that the financial info shills never mentioned and in fact it now appears were covered up. You continue to quote the SEC as if they have any credibility. They have not one shred. Byrne puts his money where his mouth is and I respect that. You crap all over his company but he is not receiving TARP funds as far as I can tell.

By: Tracy Coenen

Tracy Coenen — Thu, 02 Apr 2009 17:49:23 +0000

It seems you missed my point, Mark. I prefer to focus limited resources on more important issues, that’s all.

By: Mark

Mark — Thu, 02 Apr 2009 17:33:59 +0000

Ms Cohen, Oh you protest too much! Such arrogance and disdain for truth seekers and conundrum dusters. Your credentials make it clear you are the go to gal when it comes to rooting out fraud on W/S.(I wouldn’t mention Arthur Anderson in my bio if I were you) Where were you on Madoff and the dozens of clowns in his circus. Where were you on AIG, S&P, Moodys or any of the monumental frauds that have plundered more than half of our wealth since 2000. Surely you must have caught wind of something in your investigative travails. Or perhaps your function is to protect the fraudsters from smaller frauds. Ah ha, that must be it!!Mr Bagley makes many great points and his conclusions seem at least plausible given the climate of corruption and arrogance emanating from W/S circles. Naked short selling has been with us since man started trading paper. Ever hear of monetary inflation? So your point that an investigation of this practice is any sort of waste for those who seek the truth screams of either denial or culpability.

By: Jugg Badley

Jugg Badley — Thu, 26 Mar 2009 17:32:13 +0000

For the NSS Folks!

http://thebizzare.com/cool/greatest-conspiracy-theories-in-history/

By: Jugg Badley

Jugg Badley — Thu, 26 Mar 2009 16:07:05 +0000

Any comments from lenny?

By: Jugg Badley

Jugg Badley — Thu, 26 Mar 2009 16:06:15 +0000

Judd, Judd, Judd,

Take a Chill Pill, dude. And what’s with you knocking off my name. Not cool, Dude.

Until you and the Wacky Paddy Wack Pack demonstrate and provide evidence of Naked Shorting in the scam companies that you and their conman CEO’s claim to justify their fraud, mismanagement and greed, please cease your wild claims. Sure, CMKX was a great, viable growing Diamond Mining Company, USXP and Altomare were brilliant innovators taked down by a conflicted Judge, a diabolical lawyer receiver and NSS shorting SEC employees, and SLJB was just a happy little lumberyard that couldn’t usurped by a sleazy now-Indicted Croation Thug, but hey life ain’t perfect, Sparky! Shorty surely did them in, eh?

Judd, have you always been involved in unethical and immoral jobs. I must say that you are good at that disgusting behavior! Can you list otherloser companies you have been involved with besides OSTK?

PS Maybe Mitch get write a 47 page screed on “Conspiracy Theories in the 3d Grade”. (Pssst, limit him to 47 pages or it will be an endless drone! tia