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I can't vouch for the accuracy of this article, but it's a fascinating read about how wall street can coordinate in a short attack against a stock: https://see
by getToTheChopin 6y ago
I can't vouch for the accuracy of this article, but it's a fascinating read about how wall street can coordinate in a short attack against a stock:
https://seekingalpha.com/instablog/11442671-gerald-klein/3096735-anatomy-of-a-short-attack https://seekingalpha.com/instablog/11442671-gerald-klein/309...
- csours 6y agoRight, I would need some strong evidence to believe that actually happened in this case. In the linked case it was a VERY low value stock aka Penny Stock, aka OTC (over the counter, as opposed to a listed stock as in listed on a stock exchange), and the SEC DID take action against the guy. In the case of listed stocks, there is a lot more attention and regulation built into the system.