Post by
calico on Jul 28, 2015 12:24pm
Naked shorting
Looks like naked shorting by Scotiabank. See how it works -- keep naked shorting Venture companies and force them to do rollbacks. Easy money. Anyone in charge at the Venture obviously has no interest in preserving the Exchange. If they did they would ban all shorting, since they obviously have no control over this criminal activity, and ban rollbacks. It's time for an exchange that actually values people who pay real money to actually BUY shares.
Comment by
ramblersrest on Jul 28, 2015 2:14pm
calico ....you summed up the scam very well ...huge leverage and no risk as a company being shorted can not raise money ...interesting that MTO was the highest shorted company on the Venture end of June at around 800,000 shares short ...have not seen later stats ...
Comment by
LiTeOn1981 on Jul 28, 2015 5:07pm
This post has been removed in accordance with Community Policy
Comment by
witsguy on Jul 29, 2015 2:41am
Hilarious post calico... let me guess if gold goes up it is reality an if it goes down it is manipulated. Simplicity is awesome n'est pas?