Pilgrim Petroleum Corp. (PGPM)

[downsideup]

I think if you wander by the SEC website and dig around until you find the page that shows enforcement actions, ie., trading suspensions, you will find that the large majority of the SEC actions are targetted to this end of the market. It is a fiction that there is some sort of a blank check handed to manipulators at this end of the market.

The problem for investors is that the reality that the SEC does have a fairly aggressive effort now in small stock scams... doesn't actually ever target getting your money back... instead of just putting the scams out of business. The SEC will take them down... and that doesn't help investors with money in the pool that gets locked out of participation in the market.