JG, how about that Ed Snyder guy?
Now THAT's GUY-SIZED market manipulation.
Done all in secret, colluding with others because I imagine it would be the case that his manager would review his "analysis" before Ed gave the date and the price target for everyone to aim at.
But undoubtedly they ensured that nobody in or associated with the company had taken a position to benefit from the immediate large QUALCOMM stock price move at the expense of the market which did not have access to the market-moving plan, scheme or device at the same time as they did.
I guess a reputable company would NOT want to be seen in the slightest as other than above-board and was not hoping to benefit from the sudden rapid price moves which they would have known would likely result. I bet they'll demand an SEC investigation to check all transactions, short positions and associated persons, customers and relatives to ensure nobody gained from advance knowledge of the announcement of a price target and date.
MamaBear, I bet you are astounded that Ed Snyder would announce that date and even a target price!!! Good grief, the GGMDM didn't set a real date or a price and it was all in public and all above board and a totally legal suggestion for shareholders yet you think it probably illegal.
Heck, Ed Snyder and his company must already all be in jail, if as Bill the Californian Law Enforcement dude said, dehypothecating Globalstar was a market manipulating criminal conspiracy by WSJ.com and Carrie Lee to publicize the idea of Globalstar dehypothecation, boost their circulation and stock price with false information and generally disrupt the fair, informed, blah, blah, blah, markets. Saith WSJ.com <Bill McDonald, enforcement director for the California Department of Corporations, which is the state securities regulator in California.
"It is clearly market manipulation, it is clearly illegal," he says. "These people are clearly trying to manipulate the market and say so blatantly, other people are led to try to get a piece of the action.">
WSJ.com published false information as part of their promotion of the "clearly illegal market manipulation". WSJ.com has probably been arraigned already as they caused great interest in their cunningly disguised ploy.
George Gilder with the Gilder Effect must be due to be arraigned too...now THAT's secretive market manipulation!
I think the thing that got people going on the GGMDM was the florid language, talk of massacres etc.
Imagine if Ed Snyder said:
"Me [sic] and my company are declaring a Great Qualcomm Long Slaughter!! Starting NOW!!!! Haahahaah!!! Too late suckers, I've already announced it. Q! is going down. You want to know how far? To $50!!! Anyone who doesn't sell soon is going to lose, so it's a race to the markets. But you already lost! This is careful, honest, analysis and just my humble opinion [haw, haw, chuckle]. You won't find any shorts in the company or associated people's positions so shove it up your jumper SEC! Go take a running jump.
This dog is bacon!
In parts of Asia they [Ed: allegedly] eat dogs and bacon-dogs are a special favourite. China [Unicom] is spearing Q! on the spit as we speak. Unicom has dumped Q! and CDMA, so shareholders are bacon too."
Now that would get some interest from Bill, That Guy Bryan whose words we should be suspect of [sic], the SEC and WSJ.com. I can only gaze with envy at the attention Ed gets with a casual downgrade.
Actually, Belgians eat horses!! So imagine a Korean Fox Hunt in Belgium. The Koreans would figure that one fox didn't equal 10 foxhounds, so they'd stop galloping after the fox, dismount and feast on dog. The Belgians would spot the abandoned horses [no wonder the Belgians are round - a horse provides more dinner than a dog and followed by Belgian chocolates...yumm]. The expatriate British would mutter about the barbaric foreigners eating dogs and horses and hunt the fox down on foot to rub it's blood on their faces. The Germans would see the circus and invade once again to attack everybody [they did a couple in the 19th century, a couple in the 20th century, so they must be warming up for a 21st century onslaught].
Ajay [the Indian] would be bounding around calling everybody speciesist and racist and stock scam manipulators, getting spittle on his glasses...
Dweeb, well, poor Dweeb - Maoris, [in the New Zealand division over there to sort out once against the invading Jerries] who have nearly fully reverted to their wonderful tribal cultural norms of their pre-European stone-age culture, will have revived cannibalism and he'll be gently steamed in a hangi.
I think I'll holiday well away, somewhere safe and sunny, like Fiji. Oh, um, no! George Speight is still holding Indian hostages and machine guns. Maybe Rhodesia...hang on that's called Zimbabwe now and isn't Mugabe the boss there and he's got it in for melanin-deficient people.
What a mess, anyone know a safe and happy vacation location?
Mqurice
PS: Speaking of holidays, Ramsey did mention a week or so ago that he was going on another of his stupid SUVactions. I've just about had enough of his damn vacations. Maybe we should look at Ramsey and not Ed as the real problem in the Q! stock price. How do you cook Chinese Americans? [British ones from Hong Kong]
Disclaimer: I admit to owning Globalstar shares, eating horse [for cultural reasons in Belgium] but I deny eating dog or dog-bacon, or Fijians, Indians, Robert Mugabe or Ramsey Su [who wouldn't keep still so trussing him up was too hard]. |
