here's the thing .. having watched that interview with Mr. Cooperman last spring
his scathing comments about stock manipulation of US Equities .. rang totally true .. and he laid the blame squarely at the feet of the SEC .. something i also totally agree with
which is why i found it so *telling* that the street's handmaidens (CNBC) didn't *post* the video
Scott Wapner (about 5 mins ago) got off the phone with Mr. Cooperman and *paraphrasing* here SEC *offered to settle* with Omega .. which is what they do *frequently* .. it will be interesting to see what comes to pass with Mr. Cooperman's defense being publicly known .. it will not surprise me if Mr. Cooperman is totally vindicated .. other more *vulnerable* entities usually need to *settle* so that the financial burden isn't ruinous
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.