US Stock markets can be easily manipulated by several hedge funds with large sums of money working together. How do they do it? First they identify the stocks to attack, then regardless the news are negative or positive, they start selling, especially after hours when there is low volume. Interestingly, media owners and some major financial institutions are involved in this together as they purposely distort the news to their advantage. They seem to have control of government too as the government is refusing to regulate the hedge funds despite all proof that they are involved illegal trading practises. What could be the commonality between these groups that make them act in unison? I have an idea but I won't share it here.
Smart check my post right around here. I accuse Yahoo or conspiring to assist. I tell lawyers just where to go to prove Yahoo is part of the scam. Read my posts. You will think this must be a scam, but you will not visit the SGMO abd CRA message boards to see for yourself and runn away from Yahoo before they wake up. Do the DD. spend 10 minutes. this is really scary for Yahoo. They are so big they couldn't be this stupid. They are and I think they are done. check the boards. If you do not you deserve your fate.
You should do the due diligence. Before you bought into the stock you should have researched every negative opinion of the company, even the totally unfounded comments. Yahoo is damned if it does, and damned if it doesn't. If they patrol the boards and monitor people, including closing their Yahoo accounts, Yahoo will be accused of censorship. If they allow free speech, and it is negative, then people will accuse them of colluding to drive down the stock price. Which, according to you, is to allow a cheap and rapid buyout, so Jerry Yang can retire to the Riviera or Honolulu. Wait for the shorts to lose interest in the stock. Then it will rise or fall based on its earning/growth prospects. You should have been careful of your entry price. Nobody put a gun to your head to buy this stock. It is up to you if you want to sell for a loss.
I don't know if anyone remembers a time when Yahoo Finance would regularly shut down msg boards on low float stocks with high short interest, but it was rampant. It was especially prevelent during options expirations week. I am sure hedges were behind it. I complained and documented to Yahoo for many months and contacted Spitzer when he was still AG of NY. Finally that stopped. Now for close to a year MarketTracker service is disfunctional so unable to track real time quotes and charts. Yahoo while first trying to shift blame to something wrong with my computer acknowledges the problem but does nothing. Too cheap to upgrade their system,negligence or hf influence,who knows. I cannot imagine why anyone would use Yahoo other than the finance site, and they have let it deteriorate. Slow on earnings new, wrong data, etc. And what's with no charts for many companies not available for more than 5 days? No wonder the stock is this low. I would hope a more competent co would take them over. I am not selling short, just giving facts.
Okay, where do I start? How can I get access to the information such as what their next target stock will be and if they are going to take it up or down. Do I need to get a job at Wall Street first or make friends with hedge fund managers?