Forget Madoff for a second, today’s news that multi-billion dollar company SAY is a total fraud really energizes me because it proves perfectly how you cannot trust anybody in this joke of an industry…
The businessmen in charge of these frauds say “oh, I can’t go on, I’m so embarassed…blah blah blah”…they all deserve to be strung up and tortured in front of a ravenous public and TV audience…people liek them have ruined what society thinks of businesspeople and instead of being respected for the world-advancing titans they are, businesspeople are now looked at suspiciously, and rightfully so.
The good news is that now you can presume EVERYONE (at least those who don’t blog and answer all comments/questions) as guilty before innocent and you can profit legally from the vast majority of businesspeople fear/greed/incompetence/whatever you wanna call it…through ShortStocking…it’s not an evil strategy, it’s profiting off those who are evil aka the only good that comes out criminals like these aka the SEC should be a friggin TIMaffiliate for my DVD that teaches how to short sell.
A few days ago, blogfather Howard Lindzon twittered:
Let’s offer a pullitzer for the journalist that proves/shows us how Coxe and S.E.C were sleeping on the job. Its obviuos
Howard, please stop ranting against the SEC–did you notice I’ve stopped? (for the most part)…obviously it would be nice to have a working government regulatory organization, but it’s just a pipedream….for now, I think it’s best just to enjoy the idiocy and to profit from it…legally of course through short selling these fraudulent companies.
Because the SEC is soooooo ineffective, I bet there’s a ton of fraudulent stocks out there–go forth and find them! With enough digging/time spent researching, EVERYONE should be able to spot frauds, but that’s only half the battle.
Whistle blowers make dick and really get shit on–watch Russell Crowe’s “The Insider”—the best way to handle a fraud is to short it, tell everyone about that short, bank on that short and then become the next Jim Chanos.
EVERYONE should learn short selling, not just hedge fund managers (this year who have proven themselves incompetent at it), not just professional traders (the vast majority are losers in life/personality/looks/at their chosen professions–how the hell can 90% of you dumb bastards being losing $…especially this year….oh wait, besides being incredibly undisciplined/over-leveraged, you don’t know short selling either, not just media people who talk about shorting overvalued companies/hype (but don’t understand the risk of short squeezes)—EVERYONE!
Let people with IRA short sell, why limit these tax dodgers to only investing and being bullish….by their very tax dodging nature, they’d make great potential short sellers!
I mean cmon Madoff aside, fraud and manipulation are verrrrry easy to spot….and verrrrry easy to profit from….as long as you understand short selling.
So Howard, and all the rest of you people who believe I should get out of penny stocks due to their sketchiness and obvious limitations, check out my ShortStocking instructional DVD package.
It’s not just penny stocks, it teaches EVERYONE, go on you dumb little wannabe hedge fund manager, “professional trader”, poor ass college kid, bored senior citizen, bitter housewife, and every other lesser demographic I don’t usually speak to, I’m friggin Archie Manning, go be my Eli!
Spending $300 on this product will help you infinitely more than those drugs you’re considering buying to help deal with the pain of your 2008 incompetence.
Posted in Basics, Short Selling