Basically, it says,
Shysters hoping to benefit from short selling will do so by perpetrating fear.
By cluttering message boards and forums with lots of negative messages, short seller con artists try to make it as difficult as possible to find positive information regarding a particular security. They say things like, "Get out before it all comes crashing down". And imply they are looking out for investor's best interests by highlighting stocks that will go to zero in price causing a complete loss for anyone holding the stock. These short and distort manipulators will do everything in their power to keep buyers away from the stock so the price will continue to decline.
The effect from all of this manipulation and distortion is that those holding the stock will sell it based on the misinformation about the company and its stock. Even if that means taking a loss by selling the stock for less than it was originally purchased for. Simultaneously, the short and distort scammers cover at the low prices and lock in their potential for profits. This can be devastating for the company and the investors who fell for these smear campaign tactics.
Grease,
This is why the MDGC board at IHUB is so frustrating for them. Longs aren't selling and it pisses them off. But I'm sure they have kept new money from coming in at some level.
Bookmarks