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Re: leucro post# 311022

Saturday, 04/24/2010 9:34:39 AM

Saturday, April 24, 2010 9:34:39 AM

Post# of 346953
Pike ?
Let me propose a theory,
what if I controlled a bunch of funds and I wash traded between them to increase volume and influence price of a stock. The SEC comes in, halts trading and starts nosing around. I'd make a big show of filing very detailed form 4s, trying to classify those wash trades as something other.
Think the SEC will buy that ?
A lawyered up Pike would think so.

Where are all the previous form 4s at ?
How did Pike get the shares before the trading halt and what did he pay ? Pike runs hedge funds, the exact opposite of a long term investor. When a hedge fund shows up is usually the time to cash out for the retail peeps.

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