To OSTK shareholders,
Notice that nobody can seem to find a public statement by the SEC or major brokerages on whether or not GTC limit sell orders prevent your shares from being loaned out to short sellers
The absence of them showing public statements to clarify this issue make all the more reason to place those orders. There’s no harm in placing high priced GTC limit sell orders for OSTK at $200 a share or more.
Don’t go by what some random guy at a broker tells you on the phone.Without a public statement in writing their words are not reliable and I would HIGHLY recommend placing those orders.
That being said,I suspect most large shareholders are loaning out their shares to short sellers given the high return/short rebate they earn.
BD’s continue to protect the owner(s) of the $30 puts bought and continually rolled up for one year or more now. Sadly, even at $9.00 common price prior, those owners did not close up shop still being intent on inflicting more damage taken out of the enterprise up through and continuing after the “digital dividend.” They refuse to allow the mechanics behind the digital dividend to operate according to the supply/demand factors inherent in free markets since their control of markets remain dictatorships designed to protect the “capital” of the “status quo” and “steal” from the main stream public’s capital pools who remain their rubes. The lack of communication by all parties with less than four business days left prior to record date, with respect to the handling of this matter is also perplexing. Regarding Fidelity, I remain fairly certain they consider themselves “competitors” to tZero’s solution and are also intent on seeing it fail. I am sorry I educated AJ and her “traders” on their floor over time including the fact that they cleaned house selling into the peak highs of January, 2018 from very low prices in the Fall prior. Divine intervention is going to be required to deal with these Devils otherwise. Where will the higher power come from?
These guys? adn who is Nathan Michaud? Interactive Brokers Fined $5.5 Million for Naked Short Selling Violations
Industry regulator Finra settles with retail brokerage firm over what it says were ignored red flags
I have been a HODLer of overstock for 2 years. There have been many let downs along the way. This digital dividend surely would be the end game. I purchased a significant number of open call contracts with expiration of 9/20 with the expectation that the “gig was up” for Naked Short Sellers. I am now bewildered with the notion that it may not be. Furthermore, my call contracts expire 9/20. If I have no skin in the game on 9/23 will I simply be out of luck. Will I not have a case to be included in a class action lawsuit? Should I be purchasing Call Options for 9/27 expiration? A bet to be placed knowing the only possible way to recover my losses is to be a part of a class action lawsuit.
If this doesn’t work then OSTK needs to issue a 1:2 paper to digital token split. All new shares would be digital. None of them would exist before. No one could cover them. Then they need to issue a direct to shareholder digital dividend using #RVN. No intermediary = shorts can’t cover because the material doesn’t exist until it’s distributed. This will add value to shareholders.
Maybe the Wall Street won again even with a big jump the stock price which seems less likely it’s still down so much in the last few days may not make a difference … Maybe the street is one step ahead of you PB….. ):
So what are We The People going to do about surveillance, censorship and corruption by media/tech/finance giants and government? I will keep posting this plan of action for immediate change as it is the best idea I can think of for now to combat this in a peaceful,productive manner.
1)Cancel Cable TV (All channels should be available individually so consumers don’t have to give money to stations they don’t want to)
2)Bank with small local banks/credit unions & invest with small brokerages & insist your employer/pension fund do the same.
3)Do Not donate money to politicians & consider boycotting companies that give them money or pay them for speeches.
Some might decide to boycott Facebook,Twitter,Apple,Amazon and Google for censorship issues alone.
4)Support a pardon for Julian Assange & Edward Snowden and other whistleblowers/truthtellers
5)Join Pro freedom social network MINDS.com,where freedom of speech is respected & users earn crypto tokens.
6)Use web browsers like Dissenter or Brave rather than Chrome or Safari when you surf the web.
Use search engines like DuckDuckGo rather than Google or Bing for web searches.
Use an email service like ProtonMail rather than Gmail.
Post videos on Bitchute and MINDS rather than Youtube.
7)Use Linux operating systems like Linux Mint,Ubuntu or others on your computer rather than Windows or Mac.
Keep your eyes open for alternatives to apple/android smartphones in the near future.
8) Do NOT support the “War on Drugs” which causes more crime,death,murder,gang violence and incarcerations,enriching criminals while millions of people still use illegal drugs anyway.
9) Support a new foreign policy where We The People worldwide unite behind and promote the principles of truth/freedom/goodwill/integrity/humility/Non-Aggression Principle/Golden Rule and focus on winning hearts and minds.
10) Support a worldwide effort to voluntarily help others in the hope that it will win over more people to these principles.
Story on street is That Morgan Stanley has a SELL ONLY on stock maybe others sounds about right they need clients to cover and dont want any others to buy.. Welcome to Fraud St
your daily naked short data the total volume needs to be cut down due to washing of trades( they do that so all the longs think its down on volume)
Thats a old Wall St trading trick
I’m sure you’ve seen this already but just in case, here’s a link to a site called Stocktwits. It’s one of the most fraudulent cesspools of muck about stocks I have ever seen. https://stocktwits.com/Conrad_208/message/177846646
Considering how very smart and shrewd you remain along with the financial genius who is your Rabbi, I find it “impossible” to fathom that those thugs in Chicago at the OCC would have been granted a wide open door into our home to plunder while this “digital dividend” was designed and implemented for being a properly vetted and communicated “financial instrument” to all regulatory authorities.
If it becomes true that the OCC is legally going to get away with eliminating the “digital dividend” value on the underlying option table tranches, in favor of aiding and abetting focused “bear bets” much to the chagrin of bull bets to the contrary including calls, especially those $30 strike puts that have been haunting owners for at least a year in mammoth size, we will be very unhappy like you alluded to yesterday after hearing from your Staten Island, NY contact, even while the dirty deeds were coming from Chicago instead.
At a minimum, one put “option contract” that was purchased, or “bought” and represents 100 underlying common shares, should now include 10 OSTKO “digital shares” in the contract details, and be part of adjustments since the digital dividend was declared.
The criminals in hiding who were front running this “knowledge” connecting to their captured regulator in Chicago the past two trading days, and maybe as long as since the close of trading last Friday conveniently at under $25, are celebrating all over the internet tonight. Show them who the “smart money” is by pulling that fourth ACE of your pocket, please.
Well, if there is one thing Dr. Byrne proved to his previous shareholders in spite of his hyperbole over the years, it’s that he never believed the intrinsic value of his company as being greater than $750M at most, and probably much less when thinking about the share sales that preceded his final exit “stage left.”
What a terrible way to leave his owners including such a dismal message for what may lay in store for them assuming they don’t experience “break even” cash flows sooner rather than later.
One thing that will be interesting as this saga plays out, though, is how The Market may turn him into a greater fool for selling like he has since appearing as a charlatan for so many years of being unable to focus while always being distracted into something else away from the core business.
Considering their disdain for him, this seems like an easy call for how they will take his own creation to greater heights since they finally got rid of what they refused to like. Could there be many multiples of capital above his exit price, even trumping whatever magical returns he is seeking elsewhere, and in the same or less time? Time will tell, and of course, time is money.
There are external forces–his very enemies–with “virtually” unlimited capital, knowledge and market influence to finally turn Overstock and its subs into something spectacular. All they have to do is turn the switch to ON which has been turned OFF for 20 years because of Dr. Byrne.
A Final Note to our prior “Humble Servant” who has hardly been “Humble” at All: If by some MIRACLE–what are the odds of that?–you do take down the United States of America’s “DEEP STATE” almost single handed in the weeks and months ahead, while disproving our own belief that you are clearly a gifted Irish Catholic Story Teller, you would go down in history as being a bigger HERO than William Wallace’s fictional followers ever dreamed he was.
We have read in places that you are 6’6″ or something close but we recall meeting you in 2005, and not thinking you were that large a man, but wrong physical perceptions could have certainly played a part since you were an unimpressive speaker while attracting followers to your message of “FREEDOM!” from the tyranny of the U.S. Financial Markets.
In the mean time, patient investors will know soon enough what’s really in store for their shares and their future, possibly without the necessity of The Good Dr. Byrne coming back to save them. Stay tuned.
Patrick, I have a project for you to spearhead in order to make right the crimes that continue to take place against your former company, its incumbent shareholders, as well as yourself if addressed properly including all sellers who may have “profited” or “lost” during this past week’s CF, i.e., The Class Period.
It’s on the Yahooligan Board where criminals persist without restraint ….but in a nutshell….Overstock’s board should demand the attorneys who blessed this legally crafted “digital security”–men who you bragged about to me in an aftermath post–in partnership with the SEC, and witnessed them change the anticipated “trading venue” at the last hour to protect their Investment Bank Clients at Morgan, Goldman as well as their clients, Mr.&Mrs. Short XYZ wherever in HELL they live, in addition to the Broker/Dealers like Fidelity working for the same bad guys consistently; litigate “ON CONTINGENCY against the whole lot of them requesting and determining with the right “MATH” where the stock value would have been without their INTERFERENCE as part of recouping 20 years of dilution and “lost opportunity” INTRINSIC VALUE by their dubious actions.
For shareholders, it would be a Munger like “Lollapalooza Effect” and event worth BILLIONS but tier the “contingent percentage” drawn after winning by those lawyers according to billion dollar thresholds with a maximum of 35 percent(let’s say $4B shareholder nets $70 per share gross, lawyers $38 gross before a Fixed Price is subtracted where the stock was fairly trading before the fraud, i.e. $17 per share as the rewards) with them paying all fees so shareholders come away with the many “tens of dollars per share” on investment that has continued to be lost.
If those wise guy lawyers–smart mouths in suits–refuse to do it on contingency after The Kings Ransom owners already paid them as part of their inflated fees for work which failed(why no guarantees?), then OSTK and its board should sue them as well!
Smoke a weekend peace pipe on that, or hold your breath real deep while scuba diving, and let us know what you think.
Your Humble Sucker who played The Patsy at your Poker Table for the time being.
To OSTK shareholders,
Notice that nobody can seem to find a public statement by the SEC or major brokerages on whether or not GTC limit sell orders prevent your shares from being loaned out to short sellers
The absence of them showing public statements to clarify this issue make all the more reason to place those orders. There’s no harm in placing high priced GTC limit sell orders for OSTK at $200 a share or more.
Don’t go by what some random guy at a broker tells you on the phone.Without a public statement in writing their words are not reliable and I would HIGHLY recommend placing those orders.
That being said,I suspect most large shareholders are loaning out their shares to short sellers given the high return/short rebate they earn.
Fidelity puts an upper limit on the GTC sell price. It can’t be greater the 50% of bid. Thats not very high.
Correct. Noticed this the other day and I do not recall Fido doing this back in 2017 either.
BD’s continue to protect the owner(s) of the $30 puts bought and continually rolled up for one year or more now. Sadly, even at $9.00 common price prior, those owners did not close up shop still being intent on inflicting more damage taken out of the enterprise up through and continuing after the “digital dividend.” They refuse to allow the mechanics behind the digital dividend to operate according to the supply/demand factors inherent in free markets since their control of markets remain dictatorships designed to protect the “capital” of the “status quo” and “steal” from the main stream public’s capital pools who remain their rubes. The lack of communication by all parties with less than four business days left prior to record date, with respect to the handling of this matter is also perplexing. Regarding Fidelity, I remain fairly certain they consider themselves “competitors” to tZero’s solution and are also intent on seeing it fail. I am sorry I educated AJ and her “traders” on their floor over time including the fact that they cleaned house selling into the peak highs of January, 2018 from very low prices in the Fall prior. Divine intervention is going to be required to deal with these Devils otherwise. Where will the higher power come from?
Hey Patrick get the lawyers ready..
Merill and Goldman should pay 100X more since its the 2nd go around.
Record date lets hope the number is crazy like 40M out and 100M holders
Start putting together a SHORT and sweet update for TV on how syetm is Counterfeited
Get the WASH DC people in loop and SEC and DOJ
when the firms say they forgot to settle the trades Hang them all
WHO sold all the shares? Get that name also and expsoe it
Follw the sell tickets to the money Wont be easy the washed trades back and forth to get you off their tail
Interactive Brokers appears to be part of the scheme and Nathan Michaud May be a person of interest.
These guys? adn who is Nathan Michaud? Interactive Brokers Fined $5.5 Million for Naked Short Selling Violations
Industry regulator Finra settles with retail brokerage firm over what it says were ignored red flags
https://www.wsj.com/articles/interactive-brokers-fined-5-5-million-for-naked-short-selling-violations-1534797834
This is Nathan Michaud https://www.goodetrades.com/2012/01/penny-stock-trader-nate-michaud-settles-with-sec-in-pump-dump-case/
I have been a HODLer of overstock for 2 years. There have been many let downs along the way. This digital dividend surely would be the end game. I purchased a significant number of open call contracts with expiration of 9/20 with the expectation that the “gig was up” for Naked Short Sellers. I am now bewildered with the notion that it may not be. Furthermore, my call contracts expire 9/20. If I have no skin in the game on 9/23 will I simply be out of luck. Will I not have a case to be included in a class action lawsuit? Should I be purchasing Call Options for 9/27 expiration? A bet to be placed knowing the only possible way to recover my losses is to be a part of a class action lawsuit.
Buy shares
Buy shares not options
If this doesn’t work then OSTK needs to issue a 1:2 paper to digital token split. All new shares would be digital. None of them would exist before. No one could cover them. Then they need to issue a direct to shareholder digital dividend using #RVN. No intermediary = shorts can’t cover because the material doesn’t exist until it’s distributed. This will add value to shareholders.
https://theconservativetreehouse.com/2019/08/23/details-behind-patrick-byrne-allegations-of-fbi-political-espionage/#more-168898
Someone thinks PB is telling the truth….
Thank you Brooke Navarro for this excellent article on how blockchain will revolutionize our capital markets.
We need more, more, more like this!
https://www.marketwatch.com/amp/story/guid/A771E05E-D95B-11E9-8AC5-F123836125C4?__twitter_impression=true
Maybe the Wall Street won again even with a big jump the stock price which seems less likely it’s still down so much in the last few days may not make a difference … Maybe the street is one step ahead of you PB….. ):
down 40% in last 3 days not sure Wall St lost or learned lesson….
So what are We The People going to do about surveillance, censorship and corruption by media/tech/finance giants and government? I will keep posting this plan of action for immediate change as it is the best idea I can think of for now to combat this in a peaceful,productive manner.
1)Cancel Cable TV (All channels should be available individually so consumers don’t have to give money to stations they don’t want to)
2)Bank with small local banks/credit unions & invest with small brokerages & insist your employer/pension fund do the same.
3)Do Not donate money to politicians & consider boycotting companies that give them money or pay them for speeches.
Some might decide to boycott Facebook,Twitter,Apple,Amazon and Google for censorship issues alone.
4)Support a pardon for Julian Assange & Edward Snowden and other whistleblowers/truthtellers
5)Join Pro freedom social network MINDS.com,where freedom of speech is respected & users earn crypto tokens.
6)Use web browsers like Dissenter or Brave rather than Chrome or Safari when you surf the web.
Use search engines like DuckDuckGo rather than Google or Bing for web searches.
Use an email service like ProtonMail rather than Gmail.
Post videos on Bitchute and MINDS rather than Youtube.
7)Use Linux operating systems like Linux Mint,Ubuntu or others on your computer rather than Windows or Mac.
Keep your eyes open for alternatives to apple/android smartphones in the near future.
8) Do NOT support the “War on Drugs” which causes more crime,death,murder,gang violence and incarcerations,enriching criminals while millions of people still use illegal drugs anyway.
9) Support a new foreign policy where We The People worldwide unite behind and promote the principles of truth/freedom/goodwill/integrity/humility/Non-Aggression Principle/Golden Rule and focus on winning hearts and minds.
10) Support a worldwide effort to voluntarily help others in the hope that it will win over more people to these principles.
Please share this plan of action with others via text,email & social media if you agree.Here’s a link to share this message.Thank You https://www.minds.com/newsfeed/943148464663228416?referrer=truthfreedompeace
Story on street is That Morgan Stanley has a SELL ONLY on stock maybe others sounds about right they need clients to cover and dont want any others to buy.. Welcome to Fraud St
Is it possible to bring a lawsuit against the SEC?
Ask your Yahooligan Fraudster Friends.
your daily naked short data the total volume needs to be cut down due to washing of trades( they do that so all the longs think its down on volume)
Thats a old Wall St trading trick
Date Short Volume Total Volume Percentage Squeeze Trigger $ Value
2019-09-16 3143909 10088815 0.31 22.42 70486440
2019-09-13 7170733 18599902 0.39 27.01 193681498
2019-09-12 4091270 11379779 0.36 25.12 102772702
2019-09-11 2844226 9224992 0.31 22.98 65360313
2019-09-10 2066086 5707031 0.36 20.5 42354763
2019-09-09 1450115 4083335 0.36 18.27 26493601
2019-09-06 898453 2364674 0.38 16.81 15102995
2019-09-05 806550 1884812 0.43 15.81 12751556
2019-09-04 732595 1587648 0.46 15.47 11333245
2019-09-03 1026391 2113288 0.49 15.3 15703782
2019-08-30 1240113 2628700 0.47 15.94 19767401
2019-08-29 1009232 1966280 0.51 16.64 16793620
2019-08-28 1328976 2716839 0.49 16.9 22459694
2019-08-27 2118490 4440616 0.48 17.46 36988835
2019-08-26 3232639 6505218 0.5 17.75 57379342
2019-08-23 2377562 4571690 0.52 20.4 48502265
2019-08-22 6196926 12430389 0.5 21.11 130817108
2019-08-21 2017797 3687815 0.55 19.75 39851491
2019-08-20 2446613 4440271 0.55 19.65 48075945
2019-08-19 2373910 4507279 0.53 18.72 44439595
2019-08-16 2951968 5900062 0.5 18.11 53460140
2019-08-15 5011309 10843752 0.46 18.19 91155711
2019-08-14 3081050 8946187 0.34 16.85 51915693
2019-08-13 1947129 6934322 0.28 21.69 42233228
2019-08-12 1250150 5606016 0.22 25.52 31903828
2019-08-09 3041241 11151243 0.27 24.22 73658857
2019-08-08 816761 2514631 0.32 21.59 17633870
2019-08-07 807930 2389855 0.34 21.85 17653271
2019-08-06 918989 2540899 0.36 21.74 19978821
2019-08-05 991487 3279857 0.3 21.8 21614417
2019-08-02 868818 2553734 0.34 20.83 18097479
2019-08-01 1541614 4638771 0.33 21.8 33607185
2019-07-31 1718803 5254529 0.33 22.57 38793384
2019-07-30 3293218 9424076 0.35 22.72 74821913
2019-07-29 2738566 8705774 0.31 21.33 58413613
2019-07-26 1343611 3882801 0.35 19.81 26616934
2019-07-25 2357181 6744106 0.35 19.55 46082889
Total 745,444,501 1,551,775,067 48.04 34.73 25,887,675,213
*Total includes data back to 2014-09-17. Chart truncated for viewing.
SO YOU KNOW why the tsock is going down blasting away fake shares until longs panic and they cover Its a free money buffett
I’m sure you’ve seen this already but just in case, here’s a link to a site called Stocktwits. It’s one of the most fraudulent cesspools of muck about stocks I have ever seen. https://stocktwits.com/Conrad_208/message/177846646
I keep getting blocked by your spam filter so annoying. Anyway, this is who Nathan Michaud is: https://www.goodetrades.com/2012/01/penny-stock-trader-nate-michaud-settles-with-sec-in-pump-dump-case/
Why hasn’t any of this been covered by CNBC or any media outlets?
Rec reading the archive and you will have your answer:
https://www.deepcapture.com/2008/05/jim-cramer-cowly-hints-how-he-broke-the-law-2-mar-2007/
Considering how very smart and shrewd you remain along with the financial genius who is your Rabbi, I find it “impossible” to fathom that those thugs in Chicago at the OCC would have been granted a wide open door into our home to plunder while this “digital dividend” was designed and implemented for being a properly vetted and communicated “financial instrument” to all regulatory authorities.
If it becomes true that the OCC is legally going to get away with eliminating the “digital dividend” value on the underlying option table tranches, in favor of aiding and abetting focused “bear bets” much to the chagrin of bull bets to the contrary including calls, especially those $30 strike puts that have been haunting owners for at least a year in mammoth size, we will be very unhappy like you alluded to yesterday after hearing from your Staten Island, NY contact, even while the dirty deeds were coming from Chicago instead.
At a minimum, one put “option contract” that was purchased, or “bought” and represents 100 underlying common shares, should now include 10 OSTKO “digital shares” in the contract details, and be part of adjustments since the digital dividend was declared.
The criminals in hiding who were front running this “knowledge” connecting to their captured regulator in Chicago the past two trading days, and maybe as long as since the close of trading last Friday conveniently at under $25, are celebrating all over the internet tonight. Show them who the “smart money” is by pulling that fourth ACE of your pocket, please.
Well, if there is one thing Dr. Byrne proved to his previous shareholders in spite of his hyperbole over the years, it’s that he never believed the intrinsic value of his company as being greater than $750M at most, and probably much less when thinking about the share sales that preceded his final exit “stage left.”
What a terrible way to leave his owners including such a dismal message for what may lay in store for them assuming they don’t experience “break even” cash flows sooner rather than later.
One thing that will be interesting as this saga plays out, though, is how The Market may turn him into a greater fool for selling like he has since appearing as a charlatan for so many years of being unable to focus while always being distracted into something else away from the core business.
Considering their disdain for him, this seems like an easy call for how they will take his own creation to greater heights since they finally got rid of what they refused to like. Could there be many multiples of capital above his exit price, even trumping whatever magical returns he is seeking elsewhere, and in the same or less time? Time will tell, and of course, time is money.
There are external forces–his very enemies–with “virtually” unlimited capital, knowledge and market influence to finally turn Overstock and its subs into something spectacular. All they have to do is turn the switch to ON which has been turned OFF for 20 years because of Dr. Byrne.
A Final Note to our prior “Humble Servant” who has hardly been “Humble” at All: If by some MIRACLE–what are the odds of that?–you do take down the United States of America’s “DEEP STATE” almost single handed in the weeks and months ahead, while disproving our own belief that you are clearly a gifted Irish Catholic Story Teller, you would go down in history as being a bigger HERO than William Wallace’s fictional followers ever dreamed he was.
We have read in places that you are 6’6″ or something close but we recall meeting you in 2005, and not thinking you were that large a man, but wrong physical perceptions could have certainly played a part since you were an unimpressive speaker while attracting followers to your message of “FREEDOM!” from the tyranny of the U.S. Financial Markets.
In the mean time, patient investors will know soon enough what’s really in store for their shares and their future, possibly without the necessity of The Good Dr. Byrne coming back to save them. Stay tuned.
https://www.youtube.com/watch?v=lEOOZDbMrgE
P.S. Wouldn’t have you been better off hiding in Scotland?
Patrick, I have a project for you to spearhead in order to make right the crimes that continue to take place against your former company, its incumbent shareholders, as well as yourself if addressed properly including all sellers who may have “profited” or “lost” during this past week’s CF, i.e., The Class Period.
It’s on the Yahooligan Board where criminals persist without restraint ….but in a nutshell….Overstock’s board should demand the attorneys who blessed this legally crafted “digital security”–men who you bragged about to me in an aftermath post–in partnership with the SEC, and witnessed them change the anticipated “trading venue” at the last hour to protect their Investment Bank Clients at Morgan, Goldman as well as their clients, Mr.&Mrs. Short XYZ wherever in HELL they live, in addition to the Broker/Dealers like Fidelity working for the same bad guys consistently; litigate “ON CONTINGENCY against the whole lot of them requesting and determining with the right “MATH” where the stock value would have been without their INTERFERENCE as part of recouping 20 years of dilution and “lost opportunity” INTRINSIC VALUE by their dubious actions.
For shareholders, it would be a Munger like “Lollapalooza Effect” and event worth BILLIONS but tier the “contingent percentage” drawn after winning by those lawyers according to billion dollar thresholds with a maximum of 35 percent(let’s say $4B shareholder nets $70 per share gross, lawyers $38 gross before a Fixed Price is subtracted where the stock was fairly trading before the fraud, i.e. $17 per share as the rewards) with them paying all fees so shareholders come away with the many “tens of dollars per share” on investment that has continued to be lost.
If those wise guy lawyers–smart mouths in suits–refuse to do it on contingency after The Kings Ransom owners already paid them as part of their inflated fees for work which failed(why no guarantees?), then OSTK and its board should sue them as well!
Smoke a weekend peace pipe on that, or hold your breath real deep while scuba diving, and let us know what you think.
Your Humble Sucker who played The Patsy at your Poker Table for the time being.