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The SEC has temporarily halted trading of Neuromama Ltd.

bloomberg.com

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Re: The SEC has temporarily halted trading of Neuromama Ltd.

#81

Post by paulddraper »

paulddraper wrote: post #29
syassami wrote: post #9

For comedic gold visit http://investor.neuromama.com/

Gold for sure. http://investor.neuromama.com/uploads/2/4/6/9/24695823/impor...

> NeuroMama.com is a large online platform, kind of like a large plaza, which has everything you need, and if you will start using NeuroMama, you don't need any other sites.

> NeuroMama.com is the best in the world Search Engine and Social Network, researched, designed, developed and implemented based on Neural Technology and artificial intelligence ..... Developed by the best International team of mathematicians, and computer analysts.

Re: The SEC has temporarily halted trading of Neuromama Ltd.

#83

Post by rtpg »

infinite8s wrote: post #66
kevinpet wrote: post #57

Earlier quoted context omitted.

Eve finds NeuroMama, a worthless stack of nothing but shady documents, and importantly, without a significant number of shares available to borrow. She knows how to manipulate markets and doesn't care much for legality. Eve buys a significant position in NeuroMama over a period of time. She can do this cheaply, but slightly drives up the price. Alice sees that the stock price has increased and this puts it on her rad…

Why would Eve worry about being caught? Everything you've outlined is perfectly legal, and in fact was executed brilliantly by Porsche ( http://www.reuters.com/article/us-volkswagen-idUSTRE49R3I920... ) in 2008.

My understanding of securities law is that intent is 95%. If you're doing market manipulation "just to make money" (instead of, say, to buy a company? Not really sure) then it's illegal.

Re: The SEC has temporarily halted trading of Neuromama Ltd.

#85

Post by rhubarbquid »

revelation wrote: post #28
homero wrote: post #23

Earlier quoted context omitted.

But you get rewards! http://fsr.neuromama.com

What the hell is that story in the footer.

It looks like the crap they used to put in spam emails to get past the early spam filters

Re: The SEC has temporarily halted trading of Neuromama Ltd.

#88

Post by openasocket »

revelation wrote: post #28
homero wrote: post #23

Earlier quoted context omitted.

But you get rewards! http://fsr.neuromama.com

What the hell is that story in the footer.

Best guess is there was a Victoria Zubkis, daughter of Steven Zubkis, who's body was found washed up under a pier in San Diego.

http://www.nbcsandiego.com/news/local/Ocean-Beach-Pier-Death...

Apparently that's the CEO's daughter? But the only references I can find say the death was ruled to not be a homicide, so I don't get the references in the text to being murdered by a loved one. And why he put a eulogy to his daughter into the footer of all his web pages are beyond me.

Re: The SEC has temporarily halted trading of Neuromama Ltd.

#89

Post by delecti »

ChuckMcM wrote: post #38
thegranderson wrote: post #32

Earlier quoted context omitted.

Very helpful explanation from a thread about this on reddit (narrated from the first person perspective of the scammer): It's pretty beautiful in an illegal sort of way: So the clever short sellers borrow and sell 100,000 shares of stock at $2 each, hoping to profit when it crashes to zero. By hypothesis, there are no buyers. But we buy. We buy those 100,000 shares for $2 each, laying out $200,000. Now we own 300.1 m…

This sounds pretty amazing but I can't figure out bindings for all the pronouns. Who are the short sellers? Who are the brokers? are they complicit? Is one of them acting as the market maker for the stock? When the con is exploded and the money gets paid back, where did it come from? The short sellers? the brokers? thin air?

Side note unrelated to your question itself, the name for the reference that a pronoun points to is an antecedent.

Not trying to correct you, I just think grammar is nifty.

Re: The SEC has temporarily halted trading of Neuromama Ltd.

#90

Post by colechristensen »

kirubakaran wrote: post #69
infinite8s wrote: post #66

Earlier quoted context omitted.

Why would Eve worry about being caught? Everything you've outlined is perfectly legal, and in fact was executed brilliantly by Porsche ( http://www.reuters.com/article/us-volkswagen-idUSTRE49R3I920... ) in 2008.

executed brilliantly by Porsche Didn't really work out for them in the end. They executed the short squeeze to acquire VW but they're owned by VW now. http://www.automobilemag.com/news/porsche-and-volkswagen-wha...

TL;DR Banks stopped lending to Porsche before it could seal the deal because 2008 happened.
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