Comments on: Evidence of Naked Short Selling? Hardly. http://www.sequenceinc.com/fraudfiles/2009/04/26/evidence-of-naked-short-selling-hardly/ Thu, 11 Mar 2010 20:51:49 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Evidence of massive naked short selling. Or not. | Sequence Inc. Fraud Files Blog http://www.sequenceinc.com/fraudfiles/2009/04/26/evidence-of-naked-short-selling-hardly/comment-page-1/#comment-184319 Evidence of massive naked short selling. Or not. | Sequence Inc. Fraud Files Blog Tue, 06 Oct 2009 00:49:03 +0000 http://www.sequence-inc.com/fraudfiles/?p=3807#comment-184319 [...] 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 [...] [...] 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 [...]

]]> By: Tracy Coenen http://www.sequenceinc.com/fraudfiles/2009/04/26/evidence-of-naked-short-selling-hardly/comment-page-1/#comment-183410 Tracy Coenen Mon, 13 Jul 2009 19:47:36 +0000 http://www.sequence-inc.com/fraudfiles/?p=3807#comment-183410 Sean - I don't think anyone here is saying that naked short selling isn't wrong. It is wrong. There are laws that prohibit it. What I take issue with is the assertion by Byrne and his cohorts that naked short selling is happening on a massive scale and has been the downfall of even one company. They still haven't proven that, and they've been ranting about it for at least two years. I'd be happy to write about the facts behind a company being decimated by naked short selling. Find one. Prove to me that it happened. And I'll be happy to write extensively about it. Sean – I don’t think anyone here is saying that naked short selling isn’t wrong. It is wrong. There are laws that prohibit it. What I take issue with is the assertion by Byrne and his cohorts that naked short selling is happening on a massive scale and has been the downfall of even one company. They still haven’t proven that, and they’ve been ranting about it for at least two years. I’d be happy to write about the facts behind a company being decimated by naked short selling. Find one. Prove to me that it happened. And I’ll be happy to write extensively about it.

]]> By: Sean Gillhoolley http://www.sequenceinc.com/fraudfiles/2009/04/26/evidence-of-naked-short-selling-hardly/comment-page-1/#comment-183406 Sean Gillhoolley Mon, 13 Jul 2009 17:47:04 +0000 http://www.sequence-inc.com/fraudfiles/?p=3807#comment-183406 I do not understand the complexities of the market well enough to truly understand all of the arguments being made by the "beware naked short selling" crowd, but my gut tells me they are right. Why should anyone be allowed to sell a stock they do not own, and have never borrowed? Not only does it provide a loophole that can be exploited to suck the value out of a company, but it can be used to manipulate corporate elections. It took me a while before I came upon the DeepCapture site. My first exposure to this crime came from a site called "Gaming The Market", which I linked to from the Huffington Post. Through Gamingingthemarket.com I came upon a lengthy and technical explanation of what was going on at Youtube.com. At this point I have to wonder why someone would be so vehement in their assertion that naked short selling is just fine. Nothing to see here folks, move along. Me think you doth protest too much. I suspect you have a vested interest in keeping the party going until all of the beer is gone. Sean Gillhoolley I do not understand the complexities of the market well enough to truly understand all of the arguments being made by the “beware naked short selling” crowd, but my gut tells me they are right. Why should anyone be allowed to sell a stock they do not own, and have never borrowed? Not only does it provide a loophole that can be exploited to suck the value out of a company, but it can be used to manipulate corporate elections.

It took me a while before I came upon the DeepCapture site. My first exposure to this crime came from a site called “Gaming The Market”, which I linked to from the Huffington Post. Through Gamingingthemarket.com I came upon a lengthy and technical explanation of what was going on at Youtube.com.

At this point I have to wonder why someone would be so vehement in their assertion that naked short selling is just fine. Nothing to see here folks, move along. Me think you doth protest too much. I suspect you have a vested interest in keeping the party going until all of the beer is gone.

Sean Gillhoolley

]]> By: Tracy Coenen http://www.sequenceinc.com/fraudfiles/2009/04/26/evidence-of-naked-short-selling-hardly/comment-page-1/#comment-183305 Tracy Coenen Sun, 28 Jun 2009 15:15:02 +0000 http://www.sequence-inc.com/fraudfiles/?p=3807#comment-183305 What a profound comment. And of course, no actual facts to back that up. What a profound comment. And of course, no actual facts to back that up.

]]> By: RL http://www.sequenceinc.com/fraudfiles/2009/04/26/evidence-of-naked-short-selling-hardly/comment-page-1/#comment-183303 RL Sat, 27 Jun 2009 21:42:16 +0000 http://www.sequence-inc.com/fraudfiles/?p=3807#comment-183303 You have no idea what you're talking about here, Tracy. Best to stick to the things you understand. You have no idea what you’re talking about here, Tracy. Best to stick to the things you understand.

]]> By: Wiki Fudges Importance of Naked Short-Selling | LILA RAJIVA: The Mind-Body Politic http://www.sequenceinc.com/fraudfiles/2009/04/26/evidence-of-naked-short-selling-hardly/comment-page-1/#comment-182887 Wiki Fudges Importance of Naked Short-Selling | LILA RAJIVA: The Mind-Body Politic Wed, 13 May 2009 19:47:35 +0000 http://www.sequence-inc.com/fraudfiles/?p=3807#comment-182887 [...] Note also that several experts have contradicted Byrne’s assessment of the effects of naked short selling on the price of the stocks [...] [...] Note also that several experts have contradicted Byrne’s assessment of the effects of naked short selling on the price of the stocks [...]

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