I see ARCT IV hired ML and RCS for advice on its liquidity event. Is there anyone else who might try to buy it or will it list on an exchange as a separate entity or none of the above?
FINRA is more crooked than Madoff because they come in as Monday morning quarterback to save people from themselves. They make things worse much of the time. Remember FINRA was cited a few years ago for doctoring their own records when SEC caught them. non-taxable portion of distributions are shown annually on Form 1099 so for FINRA to challenge things now is nothing short of grandstanding to divert attention from their general incompetence.
Without anxious buyers and lack of an Uptick rule, many companies have simply been destroyed by short sellers. They never have to cover unless enough anxious buyers come along to run them off.
as long as shorts are allowed to control stocks of companies which have few anxious buyers (no uptick rule and high frequency trading run a muck) , AXAS and companies like it will be DIA (no future wth out really good news or SEC waking up to the manipulation).
MLP's do the same thing (guess that is why he faults LINE). I hate these shorts that get publicity and trash stocks either so they can cover a short or buy in lower for the next run up. I hope DLR is better than he lets on.
RAX, VMW and others in this sector have been hit in recent months. I would think there is more barrier to entry than the shorts indicate because of needing to get facilities set up and operational. Firms would not necessarily want to do business with a new firm instead of one that has facilities already in operation.
it was featured on CNBC and there are many articles about hedge fund attacking T, LINE, and DLR, among others. Don't know who is right but these crooks get rich off of regular investors after SEC got rid of uptick rule and they allow high frequency trading.
analysts and newbie (technokids) analysts seem to only care about revenue and not earnings from many firms these days. They will take us down tomorrow instead of pushing us up as they mysteriously did to EOG this week.
Are these hedge funds reliable or are they simply lying to get their shorts to be profitable. Line is hedged to year 2015 (or so i think) so if they make profit from those hedges, so be it. Does Cooperman and others not want to come forward to attack these crooks.
shorts have total control of stocks with no uptick rule from SEC, high frequency trading unrestrained and "news risk" hyping from CNBC and other yellow journalism firms making everything more sensational than it really is.
shorts love to attack when there is no uptick rule or elimination of the should be illegal high frequency trading.
Some short seller is attacking T, LINE, DLR, etc some piece featured on CNBC tonight. Never heard of him but CNBC is making a big deal on it.
It looks as if MHR stock price fell off the table after GE spoke at an industry conference. I don't know if there is a correlation but it does not look as if he inspired anyone there.