I fear what LadyTrader is describing there is stock manipulation, even if it was a "sting" by Paul/Rufus. You can not play games with investors on that level! Can you imagine what the markets would be like if other public companys decided to follow his lead! Good grief!
Just because a company wasn't SUPPOSED to be a functioning company doesn't mean that one can do illegal things to it
Exactly my point! A company can not set up a bogus company for the purpose of doing a sting operation. They are trapping investors with their shenanigans.
IBAFT:The original team was chased away from completing their goals with threats of prosecution, as they engaged in unlawful acts for the purposes of exposing the naked short.