Stock Shock: The Short Selling of the American Dream
Thursday, May 31, 2012
12:15 PM - 1:00 PM
When Sirius XM Satellite Radio went public, potential investors were told they had the opportunity to realize enormous profits if they bought stock in this company that offers hundreds of commercial-free music stations, sports channels and talk show personalities like Howard Stern. This documentary is a cautionary tale of how unsuspecting (and unsophisticated) investors became victims of a calculated ‘pump and dump’ scheme that caused the stock fall to five cents a share before a massive recapitalization plan saved it from bankruptcy.
Event web site: http://www.carnegielibrary.org/locations/downtown
Presented by: (DVD - 72 minutes)
Event fee: Free
Pittsburgh, PA 15222