RE:RE:Stock Forum Users Successfully Sued for Deflam Hi Jay,
thx for your statement first of all. From my pov, it is very obvious that we are suffering from a flooding of the market, relative to the low trading volume. Whether this is done through legal short selling or illegal naked short selling, or whether this is simply still done by selling off the underwriters' stock holdings, is not the point.
I miss NEVADA Copper's countermeasures! At this point, many thanks to bogfit. In his post from 16.10., he shares the link on hempacco.com which I quote below. The AMC example describes what opportunities NCU would have to advocate for its investors.
With a warm greeting to Tracey Thom: Take the example of AMC as a role model:
"Engaging with Investors: To combat naked shorts, AMC recognized the importance of engaging with its retail investor base. The company leveraged social media platforms like Twitter and Reddit’s WallStreetBets subreddit to communicate with individual investors and rally support against short sellers. By acknowledging the significance of its retail shareholder base, AMC sought to mobilize them against short sellers attempting to drive down the stock price.
Leveraging Market Dynamics: AMC also recognized the potential influence of retail investor sentiment on its stock price. By encouraging shareholders to hold onto their shares and resist selling, the company aimed to create a supply-demand imbalance that could squeeze short sellers out of their positions. This strategy successfully created significant volatility in AMC’s stock price as retail investors banded together to support it.
Stock Issuances: To take advantage of heightened interest in its stock, AMC conducted several stock offerings, raising additional capital by issuing new shares. This capital infusion aimed to strengthen the company’s financial position while simultaneously supporting long-term growth plans.
Public Awareness Campaign: AMC launched a public awareness campaign highlighting the impact of short selling and naked shorts on the stock market. The company sought to educate investors about these practices while mobilizing them against short sellers manipulating prices for their own gain.
Legal and Regulatory Actions: In addition to these proactive measures, AMC also pursued legal and regulatory actions against market manipulation concerns related to naked shorts. The company sought investigations into potential violations while collaborating with regulatory bodies to ensure fair and transparent trading practices."
rgds, Tom