Well, it seems like ICGE, CMGI, WCOM and many others shared a similar fate to the Hammouth-related stocks you mentioned. Moreover, have Prudential, Lehman Brothers, Merrill-Lynch, Shearson, Morgan Stanley, et. al. been lily-white pure? And what of the hedge fund operator?
An investor in VNWC since late August, I never heard of Rene Hammouth until he showed up around the beginning of the year. However, if the stocks to which he connects always go up, well, I certainly have no complaint. If such be the case, the savvy investor by the time of any serious decline, or tanking, if you will, would be holding free shares having doubled up or better, original dollars already recouped.
Perhaps that's what the shorting is all about. Buy low, sell high; short down and cover; buy low again; sell high again; short down and cover again; on and on. Eventually, it gets to a point where the shares ultimately held are shares bought from profits only. Could this be what is happening? |
