My trade data led them to the actual ECN account holders of malicious bid retraction schemes where the lawyers and FBI were able to track the communications and that trail led to the team uncovering the abuses that got 4 people arrested.... my abuse claim was separate from any other claims made by anyone else... but my data was key in recovering the actual fraud.... but then again you already knew that didn't you NoMerritt.
An example of this strategy would be if you expected your shares in XYZ to fall in value because a competitor just released a new and better product. Instead of selling your long position you could sell the stock short, with gains offsetting losses. While you wouldn't pay taxes on the sale of stock because you did not actually sell shares, you might have to pay taxes on the short sale if you entered into another hedging strategy within 60 days after you closed your previous short position.
They shorted the box in increments at timed rounds of manipulation....they have yet to cover the short.....when they do the difference is theirs not ours.
They don't own any shares anymore they were already sold short against the box and Baupost received all the money at that price.... they can cover by delivery when ever they wish and at what price they want... so you must be an uninformed poster... Baupost does not have to report this on a schedule 13... which is illegal... nor do they have to report any net short positions on a 13F... so maybe you oughta smarten up a bit.
They already sold the shares... and they don't own them any more... by boxing them up at a price they already got paid for.... when they decide to cover is up to them but they don't own the shares per say any more so there is no net loss or gain on the long shares boxed up...only a gain on the downside price movement and you know this. This is what it means.. back in the old days they used to lock the shares up in a box and later used them to cover but today that is just the terminology,
They pick their cover profit...they have not yet...you must not be very well read on shorting the box.if they cover at 8 from 15 that is pure profit and you know this.
No other explanation has ever been offered to this board...we clearly had no to little short manipulation before Baupost showed up.....
Huh... if they bot at15 and sold short at15 then they had a 180 million dollar gain roughly and can deliver without consequence whenever they want....understand?
Baupost took a position in the15s first of last year..... Baupost maintains offices located a stone's throw from Kerxy headquarters and they had perfect information on the stock and shorted us roughly 8 bucks times 25 million shares....trading over the wall is illegal and this very scenario played out over six months on another stock I owned and SEC took four players to jail.
Keryx down 1.42 today times 25 million shares made baupost 35 million today alone as they shorted against the box.
It took six months over at Ampio for my trading abuse claim to lead to arrests.....we are 4 months in here with my Keryx manipulation claim....Yeh I keep em busy and 4 people went to jail already...