That is exactly what
we have been seeing over the past year. Someone insuring that the last trade always goes off at the ASK to make it look like there is strength in the stock. I doubt the enforcement action will make a difference though. MMRF is led by a genius and they are just too smart to get caught doing something so low rent.
The key issue that is starting to become apparent to most is that these "record quarters" are one time deals. MMRF cashing in on the backlog of long promoted "deals" and lawsuits. Walgreens gave a little bump, but made 25% of it's lawsuits go away.
MMRF can spout bravado all it wants about how it really wants these suits to go to trial, but it's not hard to see that would financially devastate MMRF and runs the risk of a judgement rendering it's chief asset worthless overnight.
That would mean no more Australian vacations for management. The gravy train would derail
But back to your point. It's telling that the CEO has never called for the SEC to investigate those trades.
#1). You have money. Other people want it. All of it!
#2). You want easy money. So does everybody else. They'll get it, too....yours! (and all of it!)
#3). You tell yourself you're smart. You won't lose your money. Fact: Other people are smarter,
