Sunday, May 25, 2014 11:16:14 AM
I sense a line in the sand was deliberately drawn. I sense that JG gave the world a glimpse into the unsavory side of the Federal Government for a reason.
John is advocating for shareholder rights. The SEC rule that allows suspension of trading based on 3rd party behaviors leaves all businesses and investors vulnerable. It creates systemic mistrust. The SEC warning letters focusing on this sector alone ensures money leaves this sector.
Of course the SEC suspensions and incessant warnings APPEAR a noble cause to people who trust the government 100%. To others it APPEARS this is what some power brokers want--low prices, MJ out of society, or to take down competitors with disruptive technology within their product line(s). The only way around this impasse and mistrust of the SEC is greater transparency and accountability for the SEC's actions.
I agree that they ought to thoroughly investigate corrupt people without impacting the company's share value. Let the market decide that portion of their fate.
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