SATWAVES

The Truth Revealed About Sirius XM, Goldman Sachs & Naked Short Selling

By Brandon Matthews Summer is over, and with its end comes renewed interest in the issue of naked short selling as the U.S. Securities & Exchange Commission (SEC) takes up the issue once again at the urging of Congress. Back in January, there was talk of reinstating the uptick rule, which fell by the wayside for the last 10 months as the SEC has postponed and delayed every attempt to return the rule since, as firms such as Goldman Sachs protest its return. It begs the question of whether ...

SEC Actions Too Little, Too Late For Sirius XM Investors

By Brandon Matthews I first began writing about naked short selling more than one year ago, when Sirius XM Radio's (SIRI) common stock first came under attack by hedge funds. I am told that I helped to inspire the documentary Stock Shock, in which I not only played a role but inevitably helped co-produce as well. I have reported on the efforts of Senator Ted Kaufman, whom I applaud for the immense strides he has made in bringing the issue of naked short selling to the forefront of Congression...

The Uselessness Of The Securities & Exchange Commission

By Brandon Matthews It's as if we have all woken up to find ourselves in the deepest, darkest reaches of the twilight zone. Since the premiere of the movie Stock Shock, millions of people have now begun to ask why, as if no one had been asking before.  The reality is that investors have been asking, but it is only until now that those cries of foul have stopped falling on deaf ears. It has been seven months of inaction by the Securities & Exchange Commission in reinstating the uptick r...

Exclusive: Senator Ted Kaufman To Appear On Jim Cramer’s Mad Money Tonight

By Brandon Matthews As most of you know, I have been writing extensively about Senator Ted Kaufman and the progress that he is making in Washington in regards to reinstating the uptick rule and putting an end to naked short selling. It is also no secret that I have made these issues my personal agenda as well. Senator Ted Kaufman was one of the very first people I sent copies of Stock Shock, The Movie, in which I personally played a role as both a so called "expert" and co-producer for arrang...

Senator Kaufman Emerging As Sirius XM’s Next Saviour

By Brandon Matthews In a world that seems to be stacked against retail investors with firms such as Goldman Sachs developing and using manipulative market trading programs and a United States government that appears oblivious to fact, equity investors again have reason to be hopeful. I have written extensively in the past regarding Senator Ted Kaufman, D-Del, and the admirable strides he has taken to bring awareness of the damage caused by both naked short selling and the failure of the Secur...