Showing posts with label short sellers. Show all posts
Showing posts with label short sellers. Show all posts

Friday, May 6, 2016

Crybaby billionaire casino magnate, Steve Wynn, who hates gov't interference, now wants gov't to help his stock

steve wynn

These crybaby billionaires.

When they're on top of the world it's because they're smarter than everyone and self-sufficient and makers, not takers, right?

Steve Wynn has railed about government interfere in the past, decrying Obama as a "socialist."

But now, when his stock is under pressure from short sellers, he's whining that the government is not in there, helping him out.

He lamented that the SEC hasn’t done anything about high frequency traders.
“I have very little respect for the integrity of the trading on the exchange in most stocks. And I have particular disdain for the fact that the SEC has failed to deal with high-frequency traders who are doing nothing more than taking advantage of inside information, a buy or a sell order, because of technology advantages,” he said. "If you read Flash Boys, it's all spelled out for you. And if I execute an order, I'll use the IEX. I'll use Brad Katsuyama if I was buying something, so that I couldn't be fronted by the high-frequency traders. But there's an awful lot of that going on."

Maybe these short sellers know something, like his Macau casino's are not doing so well. And he wants to tell the government to make them stop.

Waaaaaa....waaaaaaa

Friday, March 14, 2014

Whiny hedge fund idiot, Bill Ackman, buys the government's help to bail him out of his Herbalife short















Bill Ackman, the whining, crybaby hedge fund manager who has been disastrously selling short shares of Herbalife for two years, bleeding money in the process, has finally found someone to help his losing cause: the U.S. government.

That's right, he basically paid off the government to launch an inquiry into whether or not Herbalife is a pyramid scheme. The Federal Trade Commission has just launched an investigation on the behest of a group funded by Ackman.

We have all kinds of problems here in the U.S. folks: unemployment, income inequality, homelessness, maimed veterans, an education system that sucks, rotting infrastructure, monopolistic companies, plus much more. But no...the government feels it's more important to  get involved to protect the short position of one fucking idiot hedge fund manager.

The U.S. has become so corrupt it's almost impossible to describe at this point. Corrupt and rogue. A sham government and a nation that is rewriting the book when it comes to hypocrisy. (Sec of State Kerry: "You can't just invade a country on false pretense." LOL!!!!)

Remember that brilliant TV exchange between Carl Icahn and Ackman on CNBC a couple of years ago? It was all about Herbalife back then as well. I love the part where Icahn said that he used to beat up whiny little kids like Ackman in the schoolyard when he was growing up in Queens. I don't know about you, but I would pay handsomely to see him do it again. 

The existence of all these hedge funds is a symptom of a sick nation, a sick society and totally corrupt government. It is a glaring sign that we have our priorities soooo out of whack that it is not even funny. 

Guys like Ackman are parasites of the worst kind. This guy can't trade to save his life. He's a fucking sorry investor if you ask me. He also got his ass burned on JC Penney and I think he bought gold on the whole, "Fed is printing money," false inflation meme, just like all the other idiots. In short, what the fuck is he doing managing any money in the first place? And who invested with this guy? Whoever it was I'd like to see them go up in smoke, too.

Sorry for the editorializing here, but I guess you can tell I'm mad as hell.