Deep capture

[OutofDate1980]

This is a long read, several hours, but may cause one to question unregulated markets, i.e. financial, SEC, FDA, large media empires and the implied dangers to your financial health.



http://www.deepcapture.com/wp-content/uploads/story-of-dendreon.pdf

 

[noah way]

Capitalism at its finest.

 

[RiverOfIce]

Not to be a complete bitch about this, but...

On april 28th it did nosedive, but also closed at 20 dollars a share, it also opened at 20 dollars a share. AND if you kept the stock for 1 year, it went up to 53 dollars a share. So even though they did rush the stock down. Those that bought a 7 dollars, made a killing. Those that did not panic, made a killing. Only those that panicked got screwed.


Most of what is written in the article is really not based in fact, but tinted to look bad. Google the time frame. On april 24th it opened at 20 dollars a share, on may 7 2010, one year later, it closed at 53 dollars a share. IF you where smart enough to buy the stock on april 28th 2009, which I did, you made a killing.

 

[noah way]

Most of what is written in the article is really not based in fact, but tinted to look bad.

I think the tint is in your glasses. Lots of solid supporting links to a wide variety of sources including legal proceedings, the SEC, newspaper articles, etc. You don't have to try very hard to make Wall Street look bad.

 

[RiverOfIce]

I think the tint is in your glasses. Lots of solid supporting links to a wide variety of sources including legal proceedings, the SEC, newspaper articles, etc. You don't have to try very hard to make Wall Street look bad.

But the whole article point is that people can "ruin" stock. But if you look at what they are not telling you, the fact that the stock doubled in one year, you start to see that even with the bad elements, the stock market is a safe investment, as long as you don't panic and pick your stock carefully, matching your risk to reward ratio. But the article is tinted.

 

[noah way]

But the whole article point is that people can "ruin" stock. But if you look at what they are not telling you, the fact that the stock doubled in one year, you start to see that even with the bad elements, the stock market is a safe investment, as long as you don't panic and pick your stock carefully, matching your risk to reward ratio. But the article is tinted.

Any market that is so heavily influenced, manipulated and corrupted by insiders and huge financial players if a "safe" investment?

You're kidding, right?

 

[OutofDate1980]

But the whole article point is that people can "ruin" stock. But if you look at what they are not telling you, the fact that the stock doubled in one year, you start to see that even with the bad elements, the stock market is a safe investment, as long as you don't panic and pick your stock carefully, matching your risk to reward ratio. But the article is tinted.

The point is that the stock market can be manipulated. A lot of stocks are bought on margin, one gets a margin call can force a sell, thus emphasizing a sell off. Remember a naked sell is counterfeiting, i.e. creating a phantom stock, which artificially increases supply, thus lowering the price. This especially hurts small companies, which lowers growth potential as it makes it more difficult to tap the markets for investment and can cause bankruptcy.


The naked shorting in this case didn't work because it was exposed.

 

[OutofDate1980]

... IF you where smart enough to buy the stock on april 28th 2009, which I did, you made a killing.

Given these large share holders, I would be wary of stock.

"I do know, however, that nearly every one of Dendreon