01-30-2013, 07:08 AM
The guys at Fido know who the major shorts are but they will not disclose that information. Trust me, I have tried to bribe them in various ways. The only thing they would tell me is that one of the major shorts is a king of sleaze HF.
If the SEC ever did a decent investigation, they could figure this out in 5 minutes but I have ZERO confidence in the SEC doing anything regarding shorting and REGSHO. I have an SEC investigator on tape stating that "if Company X doesn't like being heavily shorted, they should take the company private." The HFs are several steps ahead of the SEC, they are like Barney Fife investigating the anonymous hacker.
Steven Cohen (Sac Capital Advisors) has long been rumored to be short IOC but he now holds a small long position.
http://www.insidermonkey.com/insider-tra...dge-funds/
If the SEC ever did a decent investigation, they could figure this out in 5 minutes but I have ZERO confidence in the SEC doing anything regarding shorting and REGSHO. I have an SEC investigator on tape stating that "if Company X doesn't like being heavily shorted, they should take the company private." The HFs are several steps ahead of the SEC, they are like Barney Fife investigating the anonymous hacker.
Steven Cohen (Sac Capital Advisors) has long been rumored to be short IOC but he now holds a small long position.
http://www.insidermonkey.com/insider-tra...dge-funds/