Some very interesting posts on here and RB the last few days. Let's go back to Wednesday when Francoise opened his mouth a little too far.
See post 2978 and 2979 on this board.
Francoise says the following and more
"Several large brokerages are buying big chunks of stocks, such as Paine Weber, Donaldson Lufkin and Smith Barney. 100,000 shares were sold to one of these Companies today"
How would francoise know this IF it is true? He wouldn't, unless he's very very close to the main people on this one.
The DTC's will be faxed to me regularly and I'll keep you posted.
Again, only the top men at ZSUN have access to the DTC info., yet they are going to fax it to some Cayman Island stock pimp? GMAFB. Lil ol Francoise, just an average investor out to do good.(with access to the DTC's and in the past Cragun)
"Please, alert everyone by PM to do the same thing, as I want to keep it quiet for a couple days to give us a head start in getting the Certificates, then I'll blow it sky high in several posts on both Boards. BTW, I bought 2000 more shares today,"
This is sooo funny. He wants it to be top secret so he posts in the open. I'm sure it was an accident, lol. Notice, he bought 2000 shares of a $7.25 stock, he's never claimed to have very much of it, yet he is supposed to know all this information that could only come from ZSUN insiders.
"I have uncovered potential illegal activities by certain short seller(s) that I plan to reveal this coming Friday on SI and RB Boards"
Notice that he posted it on RB but not SI. He knows his crap won't fly over here, so he goes where the sheep are, RB, and posts all weekend.
"It will probably bankrupt a couple Canadian Brokerage and will be extremely painful to a certain Broker who's been on the "offer" too long."
LOL!!!!
Next take a look at post #2994 where Rev. Trader14U speaks the gospel. He makes it clear that he knew the reason for the bogus volume, and it would be stopped, being a man of his word, it was. Volume fell off considerable the next day.
So what was happening? Well as long as Fahnestock sat on the ask and kept the price from moving it became very difficult for the powers that be to sell this crap stock to the lemmings. The volume dried up, the price was drifting, they had to do something, lest impatient folk start selling out, much less new sheep buy. At first it was churn the volume, time and sales for the past month has been full of matched trades. If not for these the volume would have been almost non-existent. That didn't bring the buyers, nor did the stream of PR's. Fahnestock had to be gotten off the ask. So what to do? Obviously, you buy the stock they have for sale. So the powers that be did this, except they're so pathetically weak that they couldn't hold it, so they turned right back around and sold the stock. So who bought it? Fahnestock. Francoise himself even said so.(post 2938) So Fahnestock sells to the mystery people, they turn around and sell it back to Fahnestock. Neat huh? Spins the volume huge, even helps make Fahnestock look good being on the bid but they do not increase their short position any. Of course if you have been believing Francoise all along, then they have little short position. He's been writing for weeks about how the position was gettting covered, then last week he reversed himself and claims it's bigger than ever.
More lunacy from Francoise.
"Then I found out more about the high level of large Brokerages and
Institutions accumulation and decided to take the only remaining course of action: calling the CERTIFICATES in order to kill the PHANTOM NAKED SHORT overhanging position."
If you've been around you know that the call the cert bit never works, and is always a bad thing in the end as it attracts even more shorts. For Francoise to have any impact he would have to be able to call in hundreds of thousands of shares, his little pissant size positions along with all the other numbskull longs on SI and RB wouldn't mean a damn thing.
So what about these institutions. Of course Francoise won't reveal his source for this, so it's probably a lie, but let's say it's not. We'll see in a few days when the June MM records will be posted on OTCBB.com These people that were trying to move FAHN could have very easily placed there trades through these brokerages. So they buy with these brokers, then turn right back around and sell to FAHN. I doubt it, my bet is it's just another Francoise lie.
"PS: I believe that one of the smaller short selling outfit has already gone belly up and two more will likely follow suit in Canada..."
Of course we won't get a name will we Francoise? Why not?
Mr. Burns |
