Sirius,
It`s similiar to what Stocklemon do, if there are no grounds and the stock falls, they get sued, if it works, they were right.
Like Stocklemon, normally it will state in their disclaimer that they may have holdings of the stock they put out the analysis on and I assume Think Equity is no different.
What is wrong with your markets and the way they are conducted, this would not happen in the uk, too heavily governed and luckily, the FSA carries a large cane and comes down hard on the wrong doers.
How come in a country that is hugely respected worldwide, you can have this type of corruption which laughs in the face of the AMEX and the SEC knowing full well they won`t do anything about it.
In the uk, if a report was put out like Think Equity`s and they had no grounds for their analysis except for personal gain, they would get struck off and their FSA license revoked and at least suspended short term.
It just beats me how they get away with it your side of the pond.
Open at $2.12, that`s ludicrous on the news announced yesterday!!
We know the Specialist and TKO do not see eye to eye with TKO having put in complaints about them, but how can the Specialist substantiate an opening price down some 20 odd cents in light of the news yesterday, that is pure manipulation and downright crooked.
At least in the olden days when we had Highway Robbery over here, the Highwaymen had the decency to wear masks!!!
This Maket Opening Price of $2.12 makes a mockery of your stock market and knowing more news is coming, it stinks of total manipulation and RP must be fully aware of this and he needs to get his legal team not only onto Think Equity but also the Specialist because this is just not cricket!!
Rant over, but I am livid at the ways your market is conducted.
GLL
AI
