Counterfeiting Stock – Explaining illegal naked shorting and stock manipulation
counterfeitingstock.com
Counterfeiting Stock – Explaining illegal naked shorting and stock manipulation
1–10 of 403 posts
Re: Counterfeiting Stock – Explaining illegal naked shorting and stock manipulation
#2I couldn't find any details of authorship or contact details of the "Citizens for Securities Reform". Is this pseudonymous to prevent reprisals? Does anyone have any further info?
Re: Counterfeiting Stock – Explaining illegal naked shorting and stock manipulation
#3I always thought that shorting was a disgusting practice, and wondered, “who buys a share, and lends it out so someone can manipulate it and lower its value, and profit from it”?
It never occurred to me the majority of the “lending” did not actually happen.
Re: Counterfeiting Stock – Explaining illegal naked shorting and stock manipulation
#4Correct title is “Counterfeiting Stock 2.0”. The document doesn’t allege illegal activity; it describes things the author believes should be illegal.
Also:
> In compiling the information contained in this website, the author relied on sources — both public and private — and, for the most part, accepted the information from the source as reliable.
This only works when the piece is written or published by someone willing to stake their reputation on its veracity.
Re: Counterfeiting Stock – Explaining illegal naked shorting and stock manipulation
#5Holly shit, this is an exceptionally informative piece of information. It makes sense now why the GME movement, but I doubt that most who joined it actually understand the purpose. This needs to be more widespread
Re: Counterfeiting Stock – Explaining illegal naked shorting and stock manipulation
#6I wish there was an audio version of this.
I find it much easier to consume information via headphones while I do the dishes then to sit down and read it through.
It is also a good opportunities to give the eyes some reast from monitor work.
Any tips if one wants to learn this via listening?
Re: Counterfeiting Stock – Explaining illegal naked shorting and stock manipulation
#7This article would be more substantive with a lot more examples of the mechanism of the coordinated fraud.
Re: Counterfeiting Stock – Explaining illegal naked shorting and stock manipulation
#8Counterfeit shares? Really?
These are not really counterfeit shares, because they do not pay dividends or have any voting ability, the companies do not recognize them. More like "synthetic assets" that have the price pegged to the asset they mimic.
Re: Counterfeiting Stock – Explaining illegal naked shorting and stock manipulation
#9I always thought that shorting was a disgusting practice, and wondered, “who buys a share, and lends it out so someone can manipulate it and lower its value, and profit from it”? It never occurred to me the majority of the “lending” did not actually happen.
Just to clarify, many portfolios are created in a way that lending allowed is ON by default, as such people may not be explicitly by the actual owner, but something that the given trading platform does using your underlying assets.
This is similar to how the bank may lend out your current balance and not actually hold ALL of the money that its customers has in their accounts.
Re: Counterfeiting Stock – Explaining illegal naked shorting and stock manipulation
#10Correct title is “Counterfeiting Stock 2.0”. The document doesn’t allege illegal activity; it describes things the author believes should be illegal. Also: > In compiling the information contained in this website, the author relied on sources — both public and private — and, for the most part, accepted the information from the source as reliable. This only works when the piece is written or published by someone willi…
Naked short selling is illegal [1]