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Re: patchman post# 306680

Saturday, 04/10/2010 1:58:45 PM

Saturday, April 10, 2010 1:58:45 PM

Post# of 346917
patch, sometimes the sec overstep their boundries on the advice of short sellers. My prime example is TASR, at the time when the SEC initiated their investigation, TASR had been on the reg sho for failure to delivers for months and the shorts were getting crushed, suddenly in comes the SEC and the stock crashes fro, $40 to $5, years later the SEC finds NO WRONGDOING and the company and shareholders are left with a stock trading SUB-$10 SINCE, never to recover!! Is this fair? Did the shorts benefit off of a SEC INVESTIGATION by covering at $5??

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