Street,
Here is a different take:
exchange2000.com
and an excerpt of that prose:
"...Meanwhile, the SEC appears to be being PLAYED by short-sellers. Lately, they have found themselves smack dab in the middle of short-squeeze plays like SEVL and WCTI. The modus operandi? DURING the short squeeze on these and other such plays, "suddenly" the SEC internet fraud division gets bombarded with "complaints" by "innocent investors," watching from the "sidelines..."
"...A few weeks back we saw a Bloomberg journalist make an all out attack on a 15 year old child here on Silicon Investor, named Daniel Miller. It was a disgusting display. Was it based in jealousy? And did they cross the line? Draw your own conclusions...."
...Ever since the Wall Street journal published an article about the Silicon Investor posters, every no name journalist and their brother are jumping on the bandwagon and taking pot shots at Silicon Investor celebrities..."
"...So how do these articles become amunition by shorts to further their cause against the longs? Asking the SEC to investigate Tokyo Joe during the heat of a short-squeeze play, in hopes of discrediting him, was one thing. But when this series of articles came out about the SEC investigation, [spaced out over time, which again benefits the short-sellers], it really raised some eyebrows around Silicon Investor and around the REAL street...".
The whole story is excellent reading. Rande Is is a very interesting, intelligent, and articulate poster. Reading Rande's threads should be under everyone's bookmarks IMHO.
Theo;-) |
