by: wolvesofwallstreet
people who steal your money through the trading system....cannot help themselves....its genetic
There is one more bright bulb out there. He or she realizes this is very old school. The pivot man has access to the specialists book. The specialists gets information about the status of a given account. That is very, very illegal. The accounts gets in trouble from margin issues due to the volatility of its holdings or concentration. Then all the buyers are told to back away and they can run it down and also pop the stop losses of other accounts, acting as a group. This is the very cradle of manipulation and one would hope no public company would ever be involved in directly, and would report such activities to the authorities. Small investors come in and have no clue. Institutions get favored this way. It requires a pivot man, however. Like Madoff, this was perfected by a high flying figure and his goons. This is called stealing. They are crooks. And it is criminal on a number of levels. But plenty have figured tis out. You cannot manipulate a stok or company where the company could surprise the manipulators with sudden good news. But when each and every press release is planned, and orchestrated with the institutions, you enhance volatility and trading opportunities for the, providing the wildest ride for the unknowing newbie investor. Panic ensues and people fall in and out, not knowing, just fearing.
There are those who kiss the ring and want in. They become the most angry when it's called out into the light. What would they do for a living if they could not steal from other investors? Or if the FBI finally cared and they got caught, all their trades would be reversed and they had to do some time for their crime?