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The Naked Short Conspiracy Challenge

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March 14, 2007 – Comments (2)

In order to provide some relief to the beleaguered, anti NSS crowd that inhabits certain portions of this site, I have offered to answer the list of Patrick Byrne Troll questions that he posed a while back -- hoping to deflect my criticism from his God-awful performance as a CEO.

 

I will answer Patrick's troll list on the condition that one of his faithful simply finish the day ahead of me in the caps standings. It's that simple.

 

Respond to this post to enter the competition. Entries close in a week.

 

Sj 

2 Comments – Post Your Own

#1) On March 15, 2007 at 5:37 PM, TMFEnochRoot (99.78) wrote:

If I can convince one of these guys to put me on their payroll, can I come in as an Anti-NSS ringer? 

-ER 

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#2) On March 15, 2007 at 10:43 PM, bbmaven (100.00) wrote:

Seth.  

You seem to have gotten yourself invested in characterizing the Naked Short Selling issue as a whacko conspiracy theory because of the unfair attacks on your integrity by Byrne last year.  

My sense is you may be right about Byrne and wrong about NSS - and that your thinking about the second is blinded by not segregating the two issues.

Doesn't the volume on LEND today puzzle you?  74M shares traded - total shares outstanding 25M - float 21M.  Average volume as the stock went down over the last two weeks about 10M per day - 40% of total, almost 50% of float - each day.  I don't know this stock well, but if there is an explanation I have missed, there are dozens of other tickers exhibiting similar strange events. 

bbmaven

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