Wednesday, May 05, 2010 5:47:21 PM
Folks, I only speak from conjecture only, but it seems a price rigging occurred on 5/3/10.
It is fact Sepod 2 gave a certain promoter $25,000. to promote this stock. The price went up to .03. Selling then took place on a high volume basis. This was aided and abetted by this promotional advertiser that a stop order should be put in at 0.02. Just in case. This Whisper that we all got would cause an addional cascade once .02 was reached. That explains why this stock is going down. The promoter profitted a second time by immediately selling short. They made money going up and just as vicious going down.
It defies common sense someone would hoopla a stock and then say put a stop sell order in place quote "just in case". Rigging.
What needs to be done is a paper trail (electronic) to see who bought and sold large amounts of stock and if they then shorted them. I don't have the resources to follow this trail.
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