Friday, May 08, 2020 1:01:12 PM
But it should be interesting and possibly revealing, one way or another.
1. IF DECN has not done any insider trading
2. IF the SEC never tested the kits and was relying on outside "whistleblower" testimony whose testimony is false
3. IF the SEC never completed its interview and therefore didn't know of the potential arrangements for increased manufacturing etc.,
then for what reason and on what grounds can it legitimately punish the company? Can the SEC defend that it had reasons to not believe the test kit works in 15 seconds if the FDA testing validates it?
Can the SEC defend shutting down trading because it doubts the sales forecast from a year from now?
If other MMs were manipulating the stock unbeknownst to DECN, then shouldn't the SEC state that as the reason and not make "false" statements against the company implying that the company is misleading the public?
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