Foreign Collusion, Naked Shorting (Counterfeiting) & Money Laundering — All Illicit Wealth
5 May 2020
Pomerantz LLP is investigating claims on behalf of investors of Velocity Financial, Inc. (“Velocity” or the “Company”) (NYSE: VEL). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.
The investigation concerns whether Velocity and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
#Wirecard WDI GR short int is $2.88BN; 29.83MM shs shorted; 25.97% of float; 4.00% borrow fee. Shs shorted up +3.34MM shs,+12.62%,over last 30 days as price fell -12.7% & up 3.91MM shs,+15.1%,last week.Shorts up +$604MM in 2020 mark-to-market profits;+$47MM on today's -1.63% move pic.twitter.com/p9VEp9EEl2
— Ihor Dusaniwsky (@ihors3) May 5, 2020
5 May 2020
Wolf Haldenstein Adler Freeman & Herz LLP announces that a class action lawsuit has been filed against Groupon, Inc. (“Groupon” or the “Company”) (NASDAQ: GRPN) in the United States District Court for the Northern District of Illinois on behalf of those who purchased or acquired the securities of Groupon between November 4, 2019 and February 18, 2020, inclusive (the “Class Period”).
If You Had Bought Nymox Pharmaceutical (NASDAQ:NYMX) Shares Five Years Ago You’d Have Made 91%
Simply Wall St, 05 May 2020
In late January 2021, GameStop experienced a once-in-a-decade squeeze that has captivated the world’s attention. It was a premeditated and programmatic exercise, orchestrated by coordinated stock and option buying across the retail and professional community, resulting in large institutional entities losing billions of dollars. Investment houses with significant short positions did not expect a stock with GameStop’s fundamental profile to increase +2,500% in price over less than three weeks; therefore, they did not have the controls in place to handle the incredible levels of stock and call option purchases. The frenzy drew comments from the White House, provoked a social media crackdown, caused brokerage units to restrict trading, and has led to a Congressional hearing on GameStop on Thursday, February 18th.
Continue reading “Article: If You Had Bought Nymox Pharmaceutical (NASDAQ:NYMX) Shares Five Years Ago You’d Have Made 91%”
Wirecard sues Financial Times over investigative reports
Straits Times (Singapore), 29 March 2019
Wirecard has filed a suit at the Munich regional court against both the FT and its reporter, Dan McCrum, seeking a ruling on the merits of its case. If successful, the company would then press for monetary redress.
Comment: Use the tag cloud to find other articles about Dan McCrum, suspected to be in collusion with naked short sellers.
Sell Microvision: Nothing Left To Be Optimistic About
SeekingAlpha.com, 29 January 2020
Summary: Unsustained purchase orders have crushed sales.
Comment: If lying were illegal these people would be in jail. Known basher in league with naked short sellers.
| May 05, 2020 | 1.6900 | 1.7400 | 1.4300 | 1.6000 | 1.6000 | 52,496,924 |
| May 04, 2020 | 0.8900 | 1.1400 | 0.7900 | 1.1000 | 1.1000 | 204,529,700 |
Comment: MVIS look at volume last few days The Volume is crazy last 5 days. NOT 1 FTD?
| May 05, 2020 | 0.6300 | 0.7300 | 0.5700 | 0.5800 | 0.5800 | 29,745,000 |
| May 04, 2020 | 0.5200 | 0.5300 | 0.5000 | 0.5200 | 0.5200 | 1,597,600 |
Comment: NOW LOOK AT THE NEWS Just who would sell all that stock on that GREAT news (only a naked short seller TRAPPED).
At his request on 26 May 2020 this video has been removed from the web site. Under no circumstances will Dr. Shapiro’s published works be removed. See those here: Shapiro @ SNSS
Aristides Capital LLC closes position in NLTX / Neoleukin Therapeutics, Inc
Fintel, 15 May 2020
Aristides Capital LLC has filed a 13F-HR form disclosing ownership of 0 shares of Neoleukin Therapeutics, Inc. (US:NLTX) with total holdings valued at $0 USD as of 2020-03-31. Aristides Capital LLC had filed a previous 13F-HR on 2020-02-13 disclosing 13,900 shares of Neoleukin Therapeutics, Inc. at a value of $171,000 USD. This represents a change in shares of -100.00 percent and a change in value of -100.00 percent during the quarter. Other investors with closed positions include Visium Asset Management, LP, Great Point Partners Llc, Perceptive Advisors Llc, Acuta Capital Partners, Llc, and Nomura Asset Management Co Ltd.
Continue reading “Article: Aristides Capital LLC closes position in NLTX / Neoleukin Therapeutics, Inc”
Why is Naked Short Selling Both Illegal and Common Practice?
First American Stock Transfer, undated
The Depository Trust & Clearing Corporation or DTCC (the final depository where all U.S. trades are settled and cleared) cannot settle fraudulent trades. According to the DTCC website, “We don’t have any power or legal authority to regulate or stop short-selling, naked or otherwise.”
While DTCC may not have the authority to regulate any short selling, it could create computer programs that would track share holdings to determine if they are real shares or simply entitled. Some believe that the DTCC chooses not to monitor these transactions more closely, because they make money on the interest and the loaning of these shares.
"There will be occasions where, often for reasons of reduced liquidity, a buy-in is impossible to execute. In this situation, the seller will be required to pay a cash compensation to the buyer."https://t.co/R237awFnbA
— Susanne Trimbath PhD (@SusanneTrimbath) May 4, 2020
See Also:
U.S. Senator Robert Menendez (D-NJ) is a minority member of the US Senate Committee on Banking. Bob received his B.A. from St. Peter’s College in Jersey City and his law degree from Rutgers University. He served as Chairman of the Senate Foreign Relations Committee in the 113th Congress. He also a Finance Committee member of the Senate Finance Committee and serves on the Subcommittee on Taxation and IRS Oversight and the Subcommittee on Health Care.
U.S. Senator Jack Reed (D-RI) is a minority member of the US Senate Committee on Banking. Reed was elected to Senate in 1996 and has served three terms in the Rhode Island State. Reed earned a master’s degree in public policy from Harvard’s John F. Kennedy School of Government and received a law degree from Harvard Law School. He then became an attorney in private practice, first working as an associate with the law firm of Sutherland, Asbill, & Brennan before moving back to Providence and working for the firm of Edwards & Angell. Reed also served in the U.S. Army and taught economics and international relations as an Associate Professor within the Department of Social Sciences at West Point. He serves on the Appropriations Committee, and Subcommittee on Transportation, Housing, and Urban Development.
U. S. Senator Sherrod Brown (D-OH) is a minority member of the US Senate Committee on Banking. He was elected to the Senate in 2007. Prior to serving in the United States Senate, Brown served as a United States Representative for the 13th District, Ohio’s Secretary of State, a member of the Ohio General Assembly, and has taught in Ohio’s public schools and at The Ohio State University. He also serves on the Senate Committee on Finance and has served on the Senate Agriculture, Nutrition, and Forestry Committee, and he served Chairman of the Subcommittee on Jobs, Rural Economic Growth and Energy Innovation.
THE DOLLAR HAS NO INTRINSIC VALUE : DO YOUR ASSETS?
