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Patrick Byrne @PatrickByrne
@SIRNOTTING I hear you. I could just write the essays on deep capture, and then post here links to them. Is that what you mean? It would cut way down on having to explain certain things five or six times. — PolitiTweet.org
Patrick Byrne @PatrickByrne
Hi. I just dictated a tweet and posted without spellchecking. Won’t do that again! What I had meant to say: “maybe I should stick to writing deep capture, then just tweeting them here”. Did not check, but dictation had turned it obscene. Sorry. — PolitiTweet.org
Patrick Byrne @PatrickByrne
@SIRNOTTING Nice idea. So I write my dick capture pieces, and then just tweak them here. — PolitiTweet.org
Patrick Byrne @PatrickByrne
@thearcanebear If I get there I will — PolitiTweet.org
Patrick Byrne @PatrickByrne
@thearcanebear Some day. Trying to take time off. Try in a month? — PolitiTweet.org
Patrick Byrne @PatrickByrne
@SIRNOTTING @JJohnsonNow I went on a Newsmax show called "Liquid Lunch" by phone last night. With the fellow who tipped me off to what he boys at the primes were saying at Bobby Vans two Fridays ago. Listen to him tell the story. SEC leaked to favored primes. — PolitiTweet.org
Patrick Byrne @PatrickByrne
@Weed_Blockchain @MotherCabriniNY @SIRNOTTING @HomeWebb @haristo @JJohnsonNow Fill me in: Why not? I knew they got in trouble before he was there (discrimination?) but did not track later. Fill me in. My understanding is that he helped them restructure and sell. Solid guy, it seemed for the year I worked with him. But Rob is perfect fit. — PolitiTweet.org
Patrick Byrne @PatrickByrne
@tonytmg @MotherCabriniNY @SIRNOTTING @HomeWebb @haristo @JJohnsonNow Well, Marc has good judgement here. Who knew? — PolitiTweet.org
Patrick Byrne @PatrickByrne
@MotherCabriniNY @SIRNOTTING @HomeWebb @haristo @JJohnsonNow Actually, Rob Hughes was also CFO (A+) for many years. He stepped away 1-2 years ago to be president of MLG. Loves it. But resumed as CFO. Before you ever see a penny out of place at OSTK, you would see a hair out of place on his head (which you never would). — PolitiTweet.org
Patrick Byrne @PatrickByrne
@_mattyamamoto @helmbythesea @MgmatBoston @DXNCRA @magicshak No, but it does not worry me. It turned out to be 7, actually. I forgot 2. — PolitiTweet.org
Patrick Byrne @PatrickByrne
@CasPiancey @helmbythesea @MgmatBoston @DXNCRA @magicshak Because I was selling all by Sep 13 - 17. Knew once I did, no matter how what then happened, someone would say, "Well he did because he knew X Y or Z were about to happen." Whatever XYZ were. So best to supply market best state of knowledge, scram, cut off comms, no info. Sell. — PolitiTweet.org
Patrick Byrne @PatrickByrne
@petertahoe Why? — PolitiTweet.org
Patrick Byrne @PatrickByrne
Sorry for the sloppy graphic: click on it. My point is, when a direct competitor does that, normal instincts don't apply. Best not to just bang heads with them. Its what i did in 2018: a mistake. — PolitiTweet.org
Patrick Byrne @PatrickByrne
@indievestments Superb firm. — PolitiTweet.org
Patrick Byrne @PatrickByrne
A last thought to share clearly now that I am out. Below is our competitor's strategy in 1 frame. When an opponent does this, best to "rope-a-dope". MAYBE they get endless resupply of capital. If one day they don't, THEN come off the ropes ground and pound. Better ideas welcome. https://t.co/qEQXhoWFGQ — PolitiTweet.org
Patrick Byrne @PatrickByrne
@helmbythesea @MgmatBoston @DXNCRA @magicshak But if you believe in the blockchain revolution, there is nothing close to it on Earth. — PolitiTweet.org
Patrick Byrne @PatrickByrne
@helmbythesea @MgmatBoston @DXNCRA @magicshak And a far as "no way of raising capital..." You have no idea of that. MLG, tZERO.... they keep putting distance between themselves and the rest of the blockchain world. Someday will be bankable. Agreed, if you doubt blockchain, then definitely not for you. — PolitiTweet.org
Patrick Byrne @PatrickByrne
@helmbythesea @MgmatBoston @DXNCRA @magicshak As far as "shrinking 20%<" remember that is against a year where we hit did the Internet thing: gunned marketing, grew sales, but gushed losses. Warned street this year: reverting to normal strategy, means shrinking until we lap that period. — PolitiTweet.org
Patrick Byrne @PatrickByrne
@helmbythesea @MgmatBoston @DXNCRA @magicshak My departure was not "mysterious". Insurers said (I'm told) "Byrne's there, 'impossible' to insure!"Know-it-all's cried to board: "Byrne leaves, stock soars!" Board listened. Worried about "optics" of being associated with me. OK, I left. No mystery at all. — PolitiTweet.org
Patrick Byrne @PatrickByrne
@helmbythesea @MgmatBoston @DXNCRA @magicshak Sorry, that was my first attempt at including a photo. Stand by. — PolitiTweet.org
Patrick Byrne @PatrickByrne
@helmbythesea @MgmatBoston @DXNCRA @magicshak Maybe when the market realizes these two lines will never cross, and stop funding it, OSTK can stop rope-a-doping. https://t.co/CmHxpsSpGo — PolitiTweet.org
Patrick Byrne @PatrickByrne
Hi. This morning (where I am) I really engaged for the first time here. Learned lots. Getting feel of it. I do not want this to be a big time sink. Have strategy: I will try to come back once in a while and engage with POLITE people. Hope to lift veil. — PolitiTweet.org
Patrick Byrne @PatrickByrne
@SIRNOTTING I see your point exactly already. But I want to do this to help elevate the discourse. Not doing it for myself. Now am free to answer all kinds of questions I never could before. Not exec, board member, shareholder. Want to help. DM does not. — PolitiTweet.org
Patrick Byrne @PatrickByrne
@crazytrain91 @SIRNOTTING " Longs (including me) wanted PB to resign... then bitch when he resigns and sells his shares." That's exactly right. Absurd. Board wanted me dissociated from firm. Stand in back of tZERO party, when I invented it and 2 years ago some wanted me to close it? I sell. Their show. — PolitiTweet.org
Patrick Byrne @PatrickByrne
@SIRNOTTING I would love to engage and help people here honestly looking for answers. No interest in bickering with people taking shots. Advice? — PolitiTweet.org
Patrick Byrne @PatrickByrne
@SIRNOTTING Thanks. How do I tell the difference and decide with whom to engage, in your opinion? — PolitiTweet.org
Patrick Byrne @PatrickByrne
@hagmansliver_ 😉 For Shorty/SEC to object would be cognitive dissonance: "We subject you to shorting of 18 million shares + Reg SHO + ex-clearing, even pay -90% rebate, and say 'Not manipulative,' but your 37m shares dividend 3.7 m tokens @ 1/10, THAT's manipulation!" hahahahahahahahahaha — PolitiTweet.org
Patrick Byrne @PatrickByrne
@Joeschmo3311 The 2 letters I wrote (July & August) stated precisely my state of knowledge of the business at the time. Precisely. 1at I heard of any lower guidance was when I read it yesterday. Take heart from this: I always communicate best guesses. 50-50. JJ will be conservative. >90%. — PolitiTweet.org
Patrick Byrne @PatrickByrne
@DXNCRA @stockbot123451 Hi Dixon - I have always wondered if one could change the discourse by only engaging with those who are polite. I just blocked my second guy, and will just keep doing it. How terrific! But happy to answer polite tweets. Will keep it up. — PolitiTweet.org
Patrick Byrne @PatrickByrne
@OPTIONBOY3 @DXNCRA Only if I had material non-public information. Which I did not. Knowing no matter what happened with what endeavor (dividend, sales, M&A, etc.) some would find 2 dots & say, "I connect this to that and see a pattern!" I left, flew 10k miles, went no-contact, waited 3 weeks, sold. — PolitiTweet.org
