Jul. 2 at 2:47 PM
$RFL Allow me to dispel of few long myths on any board.
#1 That CEO’s have a fiduciary responsibility to their investors. This one is so silly it makes me double over with laughter. Was it Scott Fines “fiduciary obligation” to secure a partner BEFORE running a large, phase-3 registration trial? Of course it was! Did he? No, he did not!
#2 That by locking up our shares by using high limit orders, traders can’t use them to short the same stock we are long in. I do it all the time knowing full well it doesn’t matter. Naked shorting and dark pool trading suggests it’s almost as valid as big foot is real. And what about Howard’s 19.18 million shares? Are they unavailable to his Wall Street buddies? And how in the hell did he get that basket of common shares in the first place? Ah, those predatory financings of Scott Fines share printing racket known as
$CYTH.
Cut the crap! Put down the pom-poms and start thinking people! Still…
