Search
-
Re: What did Helicoptor Ben do now? PM's giving up all of todays gains...
Perhaps the most galling thing about short selling is that the brokerage houses sellout their own customers by lending their stock to the shorts. So the house makes money by lending the long’s stock to the shorts so that the shorts can drive down its value. Most investors don’t realize this is going on. Beyond that… -
Re: What did Helicoptor Ben do now? PM's giving up all of todays gains...
<< <i>"They have never had their vaults inventoried/audited, only the paper." ////////////////////// That is a completely FALSE statement. The SEC filings are based on physical inspections ("audits") that involve recording/comparing bar-numbers that were delivered with the numbers present on the palletized bars.… -
Re: What did Helicoptor Ben do now? PM's giving up all of todays gains...
<< <i>Perhaps the most galling thing about short selling is that the brokerage houses sellout their own customers by lending their stock to the shorts. So the house makes money by lending the long’s stock to the shorts so that the shorts can drive down its value. Most investors don’t realize this is going on. Beyond that… -
Re: What did Helicoptor Ben do now? PM's giving up all of todays gains...
"They have never had their vaults inventoried/audited, only the paper." ////////////////////// That is a completely FALSE statement. The SEC filings are based on physical inspections ("audits") that involve recording/comparing bar-numbers that were delivered with the numbers present on the palletized bars.…
4 results