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I've read this twice, can anyone actually point out where the article links short sellers and share price manipulation? The closest thing I can see is that the

I've read this twice, can anyone actually point out where the article links short sellers and share price manipulation? The closest thing I can see is that the shorts are accused of closing their short position by acquiring shares in a secondary offering, which not only is legal, but also a smart thing to do if you think the offering is priced high and you're short.

awinder 6y ago
Oh what, you expected to find a well-argued piece at thefinancialoligarchs.com? This is super-trashy even by lowered standards for some of the financial content that pops up here. Hard flag.
- railing1650 6y ago
  You just don't trade small caps so you don't appreciate it. Many people loved that article. the antics of HC Wainwright and Co have been known for a long time, but you go to Bloomberg if you want -- I'm sure they'll tell you the truth
gunshai 6y ago
I don't blame you, the author miss uses the term short sellers in the beginning then uses it correctly later on. Which is confusing, initially they use the term to mean "any investor selling their shares of stock" which is annoying. Then later they use it correctly WRT a firm needing to buy the shares they sold back to give them back to the original lender, which I assume in this case is Charles Schwab. All in all, this article seems like a rough draft and needs to be proof read. I was REALLY critical and had to really focus to squeeze meaning out.
- deleted 6y ago
  [deleted]
railing1650 6y ago
It's not legal..Look up rule 105
railing1650 6y ago
There's also several parts of the article that talk about short sellers. You're being obtuse
railing1650 6y ago
You're supposed to announce an offering so investors are properly informed. If you can just pump up the share price, short it, then cover AFTER the offering has been announced, shareholders are not being properly informed about the offering.
railing1650 6y ago
It's not legal. You seem so sure of yourself.

awinder 6y ago

Oh what, you expected to find a well-argued piece at thefinancialoligarchs.com? This is super-trashy even by lowered standards for some of the financial content that pops up here. Hard flag.

railing1650 6y ago
You just don't trade small caps so you don't appreciate it. Many people loved that article. the antics of HC Wainwright and Co have been known for a long time, but you go to Bloomberg if you want -- I'm sure they'll tell you the truth

gunshai 6y ago

I don't blame you, the author miss uses the term short sellers in the beginning then uses it correctly later on. Which is confusing, initially they use the term to mean "any investor selling their shares of stock" which is annoying. Then later they use it correctly WRT a firm needing to buy the shares they sold back to give them back to the original lender, which I assume in this case is Charles Schwab. All in all, this article seems like a rough draft and needs to be proof read. I was REALLY critical and had to really focus to squeeze meaning out.

deleted 6y ago
[deleted]

railing1650 6y ago

It's not legal..Look up rule 105

railing1650 6y ago

There's also several parts of the article that talk about short sellers. You're being obtuse

railing1650 6y ago

You're supposed to announce an offering so investors are properly informed. If you can just pump up the share price, short it, then cover AFTER the offering has been announced, shareholders are not being properly informed about the offering.

railing1650 6y ago

It's not legal. You seem so sure of yourself.