Foreign Collusion, Naked Shorting (Counterfeiting) & Money Laundering — All Illicit Wealth
House Hearing On GameStop Fiasco Will Focus On “Short Selling And Stock Manipulation”
Tyler Durden, Zero Hedge, 16 February 2021
In order to affect change, one has to understand the problem before them. It is by those standards we can confidently say we are near-certain that this week’s upcoming congressional hearings on the GameStop fiasco will be both a useless circus and a intellectual farce.
Mark Cohodes posted this to his “private” twitter:
Robert Steele, intelligence professional, responded:
@AlderLaneeggs Bummer — you are climbing in the tag cloud at https://t.co/fHcO89SqIU. We have it all — every email, every text, every game chat and every single one of your banking transactions. Have a great day, Mr. C. @PatrickByrne
— Robert David Steele (@OSSRobertSteele) February 17, 2021
NOTE: Mr. Cohodes is believed to be well aware there were 50 million counterfeit shares. Evidence of both that fact and his knowledge of and engagement with that fact can be presented to a court court. Mr. Cohodes should have his day in court — in fact, he should have many days in many courts in CA, UK, and US. Tik tok, tik tok . . .
RELATED:
Here’s what to expect at the congressional hearings on GameStop and Robinhood
Scum sucking sack of shit lawmakers will seek to make headlines, not legislation — and all the witnesses are probably RICO eligible!
Chris Matthews, MarketWatch, 16 February 2021
Executives at Robinhood, market maker Citadel Securities, hedge fund Melvin Capital, social media firm Reddit, and Keith Gill, an independent investor who found fame and riches with his early purchases of GameStop Inc. GME, -5.52% shares, will all testify at the hearing, scheduled for noon on Thursday. Here’s what to expect:
A Silver Price Manipulation Primer
Criag Hemke, SprottMoney, 16 February 2021
It has been a long ten years, but it seems that the investing world is finally beginning to realize that the globally-recognized prices of gold and silver are managed and manipulated by the Bullion Banks, which operate as market makers within the fraudulent fractional reserve and digital derivative pricing scheme.
Hedge Fund Sues Brokers Alleging Naked Shorting In Now Defunct Concordia Health
Tyler Durden, Zero Hedge, 16 February 2021
Several major international brokers have been sued by a Bermuda hedge fund that claims the brokerages coordinated “abusive” naked short selling and spoofing strategies in US and Canadian markets. The suit revolves around the former Concordia Health, which was highly leveraged and ultimately went bankrupt after controversy about price gouging.
CIBC, Bank of America, UBS and TD Bank are among those named as defendants in a lawsuit filed by Harrington Global Opportunity Fund in the US District Court for the Southern District of New York, according to Securities Finance Times.
Why Palantir Technologies Stock Is Falling Today
Lou Whiteman, 16 February 2021
Shares of Palantir Technologies (NYSE: PLTR) fell as much as 10% on Tuesday after the company released fourth-quarter results and provided guidance for the years to come. The company is forecasting dramatic growth in 2021, but much of that is arguably already priced into the shares.
Before markets opened on Tuesday, Palantir said it lost $0.08 per share in the fourth quarter on revenue of $322 million. The earnings fell short of Wall Street’s $0.02 per-share profit estimate, but the revenue beat by about $22 million.
Continue reading “Article: Why Palantir Technologies Stock Is Falling Today”
$1,000, 5 Years Later: Valeant’s Wild Ride To Bausch Health
Wayne Duggan, 16 February 2021
Investors who have owned stocks since 2016 generally have experienced some big gains. In fact, the SPDR S&P 500
SPY total return in the last five years is 131.9%. But there is no question some big-name stocks performed better than others along the way.
Valeant’s Downfall: One company that has been a disastrous investment in the last five years is health care company Bausch Health Companies Inc BHC 0.06% , formerly known as Valeant Pharmaceuticals. Not only has Bausch lagged the overall market in the last five years, Valeant represents one of the most infamous stock collapses in recent decades. Bausch produces pharmaceutical products and generic drugs. It is also the parent company of eye health products leader Bausch & Lomb.
Continue reading “Article: $1,000, 5 Years Later: Valeant’s Wild Ride To Bausch Health”
Short-Seller Spruce Point Targets Leidos Holdings
Lou Whiteman, 16 February 2021
Spruce Point Capital Management, an investment firm best known for its short-selling recommendations, on Tuesday warned that it sees mismanagement and potential fraud in Leidos Holdings (NYSE:LDOS) and forecast up to 60% downside risk to the company’s shares. Continue reading “Article: Short-Seller Spruce Point Targets Leidos Holdings”
A Big Fund Bought Up Marijuana Stock Aurora Cannabis and Mastercard.
Ed Lin, 15 February 2021
A large pension recently made big changes in its U.S.-traded investments. British Columbia Investment Management raised its investment in marijuana stock Aurora Cannabis (ticker: ACB), and bought more Mastercard (MA) stock, while it cut positions in Visa (V) and Shopify (SHOP) stock in the fourth quarter. The manager of the Canadian province’s public funds disclosed the trades, among others, in a form it filed with the Securities and Exchange Commission.
BCI, as the pension is known, declined to comment on the investment changes. It manages $135 billion in assets. BCI bought 232,058 additional shares of Aurora Cannabis to end 2020 with 290,404 shares.
Continue reading “Article: A Big Fund Bought Up Marijuana Stock Aurora Cannabis and Mastercard.”
Inverseyourself, 15 February 2021
Yes, there is a US company with assets of $63 trillion that you haven’t heard about. That’s a problem. And it’s time this company that’s relevant to the $GME scandal testify to Congress. The People demand to know if the system is working fairly for all.
Continue reading “Article: The $63 TRILLION Dollar Company that Robinhood CEO Vlad “Doesn’t Really Know the Details of” and the $GME Scandal”
Alert Reader writes in:
MONEY VS CURRENCY-
In 1788, Thomas Jefferson wrote:
Paper is poverty. It is only the ghost of money, and not money itself.”
Continue reading “Alert Reader: Gold and Silver are Money, Everything Else is Debased Currency”
Exposing The Robinhood Scam: Here’s How Much Citadel Paid To Robinhood To Buy Your Orders
Tyler Durden, Zero Hedge, 14 February 2021
Frankly, we’ve had it with the constant stream of lies from Robinhood and neverending bullshit from the company’s CEO, Vlad Tenev.
With Tenev scheduled to testify on Thursday, alongside the CEOs of Citadel, Melvin Capital and Reddit, the apriori mea culpas have started to emerge – if a little too late – the former HFT trader spoke late on Friday on the All-In Podcast hosted by Chamath Palihapitiya, who had strongly criticized Robinhood over the trading restrictions, and Jason Calacanis, a Robinhood investor, and said that “no doubt we could have communicated this a little bit better to customers.”
THE DOLLAR HAS NO INTRINSIC VALUE : DO YOUR ASSETS?
