ok so for a while i've noticed a few things and in this post i will try and put them together in a coherent readable fashion. (yeah right:))
first off i want to come right out and say i think the big boys on wall street are a bunch of big scam artists right along with the SEC.
ok so last month the short interest on GOOG was 7869488 shares and all of the sudden google is in trouble not making earnings estimates even though they doubled last quarters numbers. Then, right on que, the big investment advisors say google to drop up to 50% then it starts dropping starting a pretty good selloff. You would think that with this going on that the shorts would come in and look to gain but the short interest fell to 4880188 this month. So is it just me or does it seem like they knew in advance made their money and got out? A similar thing is going on with gold and silver. every advisor says buy gold and silver stocks but at the same time they are shorting it heavily themselves... similar things with taser,overstock,travelzoo,sirius, etc. it seems nobody is safe theres always an antitrust suit or a SEC investigation or something going on to the hot stocks and the big brokers already hold a huge short position whilst telling their clients to buy the dips. i dont know guys i tend to not trust anybody maybe i'm way off base but some thing sure seems shady. If anyone can tell me where i'm wrong and why please do. i dont understand all the innerworkings of wall street and if i'm just being an idiot let me know and i will go back to believeing that these guys are honest people.
Posted by Dustoff101 on :
turbokid, one word, "Hedgefunds".
Posted by glassman on :
LOL, and you thought you'd "get away" from the screwed up stuff in the pennies by playing with the big dogs.....
this is why Wall Street never got behind Bush's new social security plan...
too many rules would HAVE to be enforced...
GOOG was a big bubble.... all by itself...
these have been on the failure to deliver list for:
MSO 295 days KKD 295 days NFLX 295 days GLBC 295 days
none of these are pennies....
this situation is criminal and should be investigated as fraud since people have promised to deliver something and never did , nor aparently ever intended to.....
Social security money "on the street" would have Feds sniffing in everybody's business more than a pack of bloodhounds on a hot trail out of the penitentiary..