News By Tag
* Sirius Xm
* Short Selling
* Naked Short Selling
* Stock Shock
* Sirius Howard
* Sec Short Selling
* Sec Uptick
* More Tags...
News By Location
Follow on Google News
Oliver Stone Called. He Wants to See Your Movie.
Indy Film Director, Sandra Mohr, gets a phone call from Oliver Stone while at Disneyland.
By: Mohr Productions
"Stock Shock" is a documentary film that focuses on market manipulation and uses Sirius XM (SIRI) as a case study. In a short sale, an investor borrows stock and sells it in the hope that its price will drop. If it does, the seller profits when he buys back the stock at a lower price and returns the borrowed shares. As short sellers targeted shares of Sirius XM, the stock plummeted to a horrifying low of 5 cents/share in February 2009, leaving an estimated one million Sirius XM investors with their dreams shattered and their investment accounts emptied. Sirius XM had traded at a high of 9.00/share.
"I thought Oliver Stone might want to see the movie because it makes the concept of short selling very easy to understand,"
As does "Wall Street 2: Money Never Sleeps" (starring Michael Douglas and Shia LaBeouf) "Stock Shock" lays out a compelling case proving the stock of a company can be heavily manipulated, both through naked shorting and also through more standard manipulation tactics.
Stock Shock first screened Sunset Blvd. in Hollywood at the Women's International Film Festival. The movie is now available at Netflix, Target, Best Buy, Barnes and Nobel, Hollywood Video and other online merchants, or at www.StockShockMovie.com.
# # #
Mohr Productions, Inc. produces television and film projects for Broadcast TV, Internet, and Theater distribution. Production clients include: Paramount, MTV, Universal, Nickelodeon, HBO, and SyFy Channel. www.mohr-productions.com