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Tuesday, January 15, 2019 4:03:42 AM
non-public fact finding inquiry
some mistakenly assume all such inquiries automatically become suits by sec or doj- such is not true
in fact zn said in one of their postings that it didnt surprise them as this was the 1st time in their 18 year history that there were subject to such an inquiry
and we know why the inquiry began-it didnt begin bc of something the sec had noticed themselves but based on one of the swamp era shorting groups complaints to the sec,which -if those allegations were true -would essentially move even a non-swamp era sec to investigate- thats what the sec does
the fact of an investigation does not mean any wrongdoing has occurred-that would make the sec judge jury and executioner
i've been in at least one stock where a thorough investigation by sec led to no charges against the company whatsoever and a judge dismissed the action against the company
the sec investigation is not even an 'action' or case yet\
and 2 of the present admins pro-business appointees are now sec commissioners,which dilutes the swamp era motivation to destroy every company 'bc all business is evil and has to be destroyed'
Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts. They don't believe what they say, so why should you?
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