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.
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.
JUNP bounce play
JUNP looks ready to bounce?
ICOA lotto rockin' today Van.
Class act
Trying to catch the falling knife. Good luck. Don't mind missing out if it bounces. Wouldn't be the first time. Also wouldn't be the first time I became a stuckholder so I'm out. Happy trading
yup. getting uglier by the minute. best lesson I ever learned was to take my loses. I'm out with a small haircut.
WILMINGTON, Del. - Gerard D'Amaro, 39, of Lighthouse Point, Fla., was sentenced on September 8 to a term of three years in federal prison, and further ordered to forfeit $1,490,610 to the United States for his role in a securities fraud and money laundering scheme.
The charges were part of a two-year securities fraud investigation into the manipulation of so-called "penny stocks" traded through the over-the-counter stock markets. The fraud scheme described in the indictment involved efforts to manipulate the prices of publicly traded stocks to create the illusion of market interest in those securities. The goal was to induce the investing public to purchase a stock based on the artificial trading volume, and thus increase the price of the stock. The defendant and his co-conspirators then were able to sell off significant holdings in these stocks, generating millions of dollars in proceeds.
In D'Amaro's case, the securities involved included Playstar Corporation (stock ticker: PLYCF) and INCA Designs, Inc. (stock ticker: IDGI). According to documents filed in court, the fraud scheme involving PLYCF alone generated in excess of $1.3 million in illicit gains.
"People have attempted to manipulate and exploit financial systems since society created them, said John P. Kelleghan, special agent in charge of the U.S. Immigration and Customs Enforcement (ICE) Office of Homeland Security Investigations (HSI) in Philadelphia. One of ICE's priorities is to work with our law enforcement partners to protect the public and the integrity of our nation's financial system."
"As I stated when this case was indicted, the integrity of our nation's public stock markets requires protection from those greedy few who engage in market manipulation at the expense of many," said David C. Weiss, U.S. Attorney for the District of Delaware. "Especially in these challenging economic times, the U.S. Attorney's Office is committed to vigorously prosecuting those who continue to undermine our system of capital markets by committing securities fraud. This sentence should demonstrate the serious consequences facing those who commit financial frauds in this District."
The investigation, which began in 2007, has been pursued jointly by local agents with ICE HSI; the Internal Revenue Service (IRS), Criminal Investigation; and the Delaware State Police; with assistance from local and federal investigators in Orange County, Calif., Ft. Lauderdale, Fla., and New York City. A separate civil action has been brought by the Securities and Exchange Commission. The federal charges against D'Amaro and others were unsealed in May 2009.
The case was prosecuted by AUSA Keith M. Rosen, Chief of the U.S. Attorney's Office Criminal Division, and AUSA Shannon T. Hanson.
http://www.ice.gov/pi/nr/1009/100910wilmington.htm
It's never ending. All this has got to add up to something$?
not saying anything about those you know who's today!
no sellers. ready to move with any buying pressure.
picture 15 Inca tunic. http://www.marieclaire.com/fashion/trends/articles/swim-101-june
thanks. favor returned. in @ .0008 yesterday fwiw
sjls moved to .0095 and .0009s just got peppered
Enough with the cute trades please. More people play charts than fundamentals in the stinky pinks.
That buy could have done one of two things. Either cause more buying, or give those who want out a way out.
Just like that .019 hit months ago?
I did say potentialy.
Thanks for potentialy posting a big red candle for the day.
Higher lows. Decent volume at a higher pps. Looking good here.
LV RDPD. It's not lost on me that we see posters that we have not seen in months to a year or so. Many holding this one for the big reveal. Here it comes. How much how soon is the only question left. GLA
We all knew it was only a matter of time. Things are shaping up real nice.
What's your DD like?
IDGI DD:
Looking good. Golfing on Monday?!
Golden cross cometh?
IDGI Within a C hair of NO BRAINER confirmed. Monday should see it confirmed.
Exactly 10 sessions. Thanks med crew!
Don't count on it. Dark shell. http://www.sec.gov/Archives/edgar/data/1365359/000132875909000154/form15playbox.htm