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Thursday, May 04, 2023 4:37:54 PM
“Through its investigation, Staff has learned that LaMountain was one of the largest traders of stock in WSML from March 2018 until the trading suspension. The volume and nature of his trading raises the possibility that he was assisting the operators of the apparent pump and dump scheme by trading WSML stock in a manner that artificially boosted WSML’s stock price. From March 6, 2018 to June 21, 2018, LaMountain purchased or sold over 1,105,196 shares of WSML stock. On several of these days, LaMountain was the largest trader of WSML stock. On fourteen separate days, LaMountain’s trading volume constituted over 20% of the overall trades in WSML stock.”
https://www.pacermonitor.com/public/case/26578939/LaMountain_v_United_States_Securities_and_Exchange_Commission
Reminder of information posted by others a few weeks ago.
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