Underwriters and Short Sellers Manipulate Share Prices
thefinancialoligarchs.com
thefinancialoligarchs.com
The closest thing I can see is that the shorts are accused of closing their short position by acquiring shares in a secondary offering, which not only is legal, but also a smart thing to do if you think the offering is priced high and you're short.
This is super-trashy even by lowered standards for some of the financial content that pops up here. Hard flag.
Then later they use it correctly WRT a firm needing to buy the shares they sold back to give them back to the original lender, which I assume in this case is Charles Schwab.
All in all, this article seems like a rough draft and needs to be proof read. I was REALLY critical and had to really focus to squeeze meaning out.
"There’s something about the look on the guys face on the right though. Something that just kinda….rubs you the wrong way..You seeing what I’m seeing?"
This is so weirdly written with all sorts of random asides that makes it hard to take seriously/understand what the point is.
not quoting the author, but fuck off.
The business model just doesn't make sense if you're buying seats at a high cost from cinema theaters, and selling subscription passes. The trump card here would be to get movie chains to offer unlimited seats on your platform in return for a high percentage of the subscription fee. Negotiation skills matter!
Apparently a lot more people are willing to squeeze the most possible value out of watching new movies in the theater than out of getting their cars washed, though. In hindsight, it seems obvious that the former has more pull, but maybe this was not as clear before.
I have no reason to believe the same doesn't happen on the real stock market.